If you've been paying attention to the market today, you probably noticed some crazy, crazy movements, and that is for good reason. The tensions related to the whole russia, ukraine border situation, as it really relates to us in the us and many other nations on a global scale. The tensions are extremely noteworthy and it got worse over this presidents day weekend, and i just want to give you the most recent update of what in the world is going on and to better show you just the insanity of the market right now. Let me switch over to this.

The spy was trading down down down down down down down when we broke below 428 when we broke below 427. That was not good. Those are major levels of support and then right around 2. 2.

15. 2. 30. Right in here.

This is when president joe biden started to talk, and let me do my best to explain why him even announcing sanctions actually caused the market to go green, at least in the short term. You can see that in the overall market, the s p 500. You can see the exact same movement in the nasdaq 100 same thing started to bounce and we're also seeing it even in the small cap sector of the russell coming down and bouncing. All of these were very, very close to going on tilt.

Three of the major indices were at risk of coming down to kind of like the final level of support before we could have seen a more serious capitulation. No way am i calling for a stock market crash or anything like that. I'm not here to fear monger, i'm here to look at the technical levels of we were at support. We almost broke down and from there the next support for three of these indices was not that close by.

So, let's take a little bit of a deeper dive of what in the world happened today and to better understand what happened today. You have to know what happened over the weekend over the weekend. You've probably heard about the russia, ukraine, like tensions of, are they getting invade? Are they not going to invade and the u.s kind of took the line of if you invade that's, when all hell is going to break loose? Well, they, i guess, did a weird move. Where they said these two regions are actually independent.

Russia declared this putin declared this and they moved troops into those regions. So it's kind of like well technically we didn't it's kind of like when you were a kid and you're like i'm, not touching you, i'm not touching you that type of like a tit for tat of like seeing who could push the line the most before something. Actually happened. Very much has the vibe of hey.

You were the one who actually attacked. First, we were just being defensive that type of a vibe, so that happened over the weekend, two regions that putin declared were independent, which a lot of people were saying. Actually, president joe biden said you don't have the right to do that anyway, moved troops there. So when the market opened today it started going down and it started going down and it went down even more market sell-off intensifies as russia, ukraine, tensions escalate.

Dow drops 600 points. Well that was going down down down down down and then all of a sudden biden at first he was gon na speak at two. Then it got moved up to one. Then it got pushed to two and beyond and he ended up speaking at the and beyond part around 30 et for today, tuesday.

Two two two two two two biden says u.s: will sanction russian financial firms, sovereign debt and individuals after ukraine incursion. These are the sanctions that got hit. We already know that, because of the developments from yesterday and just the time zone thing uk already hit them with sanctions and the us followed suit today, with some other global powers. Here's what you need to know, president joe biden said today tuesday, that russia has begun an invasion of ukraine and has announced sweeping sanctions on major russian bank veb and its military bank.

So two big financial, like institutions in russia were hit with eeb, is, as i'm speaking in real time. Right now is apparently offline and what you need to know about this. An invasion like why that's in quotes and why that's important at all is because it's the first time that joe biden has actually referred to the developments as an invasion, and that was kind of the line in the sand of. If you invade we're going to be pissed off type of video, the sanctions will prohibit american financial institutions from processing transactions for veb and its military bank.

This would effectively cut the bank out of transaction involving u.s dollars, the global reserve currency. The uk took a similar action. Biden also announced that the united states will sanction russia's sovereign debt, and on top of that, they put sanctions on russian elites um as he referred to it, so that, and this or his own words, the president's own words. This is the first tranche of sanctions.

Um, probably making me feel that there could be more to come depending on the development of what's going on over at the border there uh there was other things i wanted to bring up uh. Mainly one statement from him was defending freedom will have cost uh. This is very much referring well. First of all, you see the craziness in the market, but more so i want to focus on energy because remember: russia is a big producer of natural gas of crude oil, so we already know that, because of inflation and of other like supply, really constrains uh, we Know energy costs are going up and up and up there's a very good shot that this whole debacle pushes it even higher.

So i just wanted to share that with you. These are the most recent updates, i'm sure there's going to be more coming, but as this really directly impacts the equities market uh. Another interesting development here, russia, ukraine conflict - is a worry, but there is still the biggest threat for stock investors. According to analysts, over at j.p morgan, the russian ukraine tension is a low earnings risk for us corporates, but an energy priced shock amid an aggressive central bank, pivot focus on inflation could further dampen investors, sentiment and growth outlook and i've been calling out a hundred potentially 120, if we actually do go into a full blown out war, obviously let's hope that it doesn't get that far, but oil currently trending around 92 uh looks like there is still decent amount of upside in the world of energy.

Uh supply being constrained. This whole debacle for clear logical reasons it could keep going up and up and up, but what i want to dive into is a little bit more related to the federal reserve. According to analysts, actually a chief strategist at jpmorgan investors could see the russia, ukraine crisis, forced a re-assessment of the fed tightening path resulting in central banks, turning less hawkish, while policymakers may consider additional physical stimulus such as a gas tax credit in the us. So what does this actually mean? Less hawkish means more dovish, more dovish means more accommodative to the overall market, but it also means they're not going to be battling inflation.

We already know inflation's at a four decade high and if you're less hawkish, that means you're not fighting it and if you start to do additional fiscal stimulus. That means you're actually adding to the inflation problem. So jp morgan kind of calling out the energy situation and also the monetary uh, i guess policy situation of how it's potentially well clearly getting worsened by the whole global geopolitical situation with russia and ukraine. So that's what i have for you of the craziness in the markets today, a lot of unknowns and right now the best way.

I could really summarize well, okay, lots of tensions, obviously, all the way up to 230 et today. The reason we're getting a little bit of a bounce, at least in the short term, is because the market hates unknowns, and a lot of this we didn't know what the president was going to say. We didn't know what the decisions were going to be. Are they just going to stick with the expected sanctions, or are they going to declare a whole new war? We did not know.

So when you have these unknowns down down down markets, it doesn't matter if it's crypto, equities, futures options does not like unknowns well when he started speaking, it was pretty much in line with expectations of what the first round of sanctions were going to be, and obviously With one unknown now becoming known, you see a little bit of a relief bounce, but i cannot stress enough. This is in the short term. This is a five minute chart. I am fully fully 100 expecting high volatility, the remainder of today, the remainder of the week.

You got ta pay attention, because this is a very um like hair trigger situation, so any of this stuff it could be changing just like that on a dime, so pay attention keep your training plan very close by and stick to it, don't let your emotions get In the way and expect these large swings and don't get chopped up in those swings, that's what you need to know and i'm sure there's going to be very important, updates coming out in the short term, so make sure you're paying attention you.