So tgif, i hope, you're wearing your fancy shirt on this fancy. Fancy friday looks like we're getting a very, very nice bullish pop in the market, and the golden question is: is it going to hold and if i'm being completely frank with all of you and you might be like wait frank, i thought you were matt. I am matt, it's just an old-timer boomy, boomer type of a saying anyway, we're going to be seeing if it holds momentum. Let's see we have some bullish momentum, we're seeing some wild market swings i'll, be going into.

Why we're seeing a pop in the markets this morning and then i'll be laying out some maybe potential day trades that might be of interest to you? We have some other stories to cover that relate to ukraine, russia, putin, all that good stuff. We have some u.s government updates and then we'll just do a little basic run to through. I have some sec updates related to some chinese-based companies, a lot of interesting things to get into before that bell goes ding ding, ding, ding ding, but before we get into all that, if you haven't already, it would be awesome if you could destroy that like button Helps me out the algorithm and also don't forget, to join up and then also shout out to today's sponsor true trading group. If you want to take your trading more seriously, maybe if you're seeing quite a bit of red in your p, l and you're like okay, i need a little bit more of a foundation.

Maybe a little bit more solid of a data platform check out ttg. It is pinned to the top of the chat, and it is a three dollar week-long trial. Uh, definitely definitely worth it and with all that being said, let's get right into it, so the dow, the s p and the nasdaq are all up uh. The dow point eight point: nine and one point: two percent respectively oil is currently down not by much, though pretty much break even at 106., and then the 10-year yield actually popped up to 2.

So trending a little bit farther away from the flattening that we've all been hearing about uh. So that's where we're at in pre-market and if you look at what's been going on in the market, you're going to see that at basically 6 a.m. We saw a huge pop it just this is the s p, 500 futures uh. We saw a nice jump of one percent and this all basically relates to com.

The perception of calming down of tensions in ukraine. I'm feeling a little bit suss about it and i'll be explaining why, but before we get into that, i want to explain to you what happened yesterday. Yesterday, thursday march 10th, we had the consumer price index report, and this is a gauge of just how expensive have things gotten for you as the consumer to purchase 7.9, which is a four decade high. The last time we saw this was 1982..

Inflation is crazy, crazy, high and that's why a lot of people are pricing in the fact that we will get a rate hike next week when the fed meets remember. On tuesday and wednesday there is the fomc meeting, which is basically where they're going to decide to rate hikes. Everyone is basing the fact that, yes, we will get our first rate hike in march next week. The question is more of like okay: what's it going to be, but if you look at what people are betting on right now, the odds are overwhelmingly supporting a quarter of a one percent rate hike, so 25 bips rate hike.

So look for that next week and also next week we get the consumer price index the or excuse me we got the consumer yesterday. Next week we get the producer price index. So how much has prices gone up for the average producer in march? You know, i know a lot of us we're seeing record high average prices for gasoline and meat and poultry and fish have gone up by 13 um. A lot of these numbers, i think, are actually going to get worse next month when we actually get marches reading.

So it's always a month behind so in april, when we get the readings from march because remember we saw oil shoot up to 130 barrel and all these other things we're not really seeing signs of really inflation calming down in the short term. Maybe they'll be able to battle it. Maybe they'll be more of a positive reaction. We actually do the rate hike, but obviously time will tell because the whole situation is far far more complicated with the current ukraine situation.

So that's what happened yesterday and then today we're actually seeing a nice pop, like i said, we're right: around 6 a.m. 6. 30. We saw a nice green pop in a lot of equities and also the major indices.

Dow futures jumps 400 points on hope. There will be progress in russia, ukraine, cease-fire talks, the reason there's so much optimism and, like i said this came out uh right here. Russia's putin says there are certain positive shifts in talks with ukraine. I don't know how much i really believe this.

I want to believe it, but also you have to ask yourself if this is the news that is popping the market right now. Are we really gon na take the invaders like commentary on it that doesn't make the most sense to me. Russia's putin says there are certain positive shifts in talks with ukraine. That's super vague.

Do we really trust the source, and i don't mean walter bloomberg? I mean poo in here, so i don't know, that's what's pushing the market up and it's gon na make me a little bit more confident of the day trade i see for today, which i'll be going over in more detail in just a second. Russia's putin says sanctions have only made us stronger in the past, so he's talking about basically how we're decimating their market and also their economy, and he is trying to show that hey they've made us stronger. But i don't think the people of russia are really feeling that right now live updates russian forces getting closer to kiev. So that's coming out as in a couple hours ago, and i'm just trying to show you both sides of the news here.

So, on one thing: yes, they are in encroaching on the capital city, but then, on the other thing they're, like hang on, we have positive talks, so this right here, the pop that we're seeing in the market. I think it's a quite a bit of optimism. I don't think that that pops going to actually hold um. I just don't because uh we're seeing already kind of conflicting reports and it was pre-market volume where we saw lighter volume being traded.

So i don't know um and that's where i'm gon na get into details about what i think my day, trade out of the gate will be ukraine. Presidential advisor says no new russian advances over the last 24 hours. So once again, i am just trying to highlight to you of how the news that we're getting is all over the map, so no new advances, they are getting closer to keeve and then the other one is. We have potentially more positive talks depending on the news source you're using you can get wildly different information, and i just want to make that explicitly clear, because if you are feeling strongly one way or than not another, you kind of have to ask yourself.

Why? Because if you're taking in all the news sources, they are like borderline perfectly contradictory, doesn't really make much sense. Forget stagflation and global recession is now almost inevitable, as the war in ukraine adds to skyrocketing food and energy costs according to prominent market, bear albert edwards. You know before you like jump on me. Matt you're like this is just doomsday.

This is fear-mongering. The very next thing i have is going to be the opposite side of it of people calling out a positive bullish pop you got to take in as many different news sources as you possibly can you don't want to be stuck in your own echo chamber or Whatever is supporting your buy, so let's go over both cases and you can decide which sounds more reasonable and which sounds more plausible to you. Inflation in the us had a 40-year high recently, and it looks likely to go even higher albert edward says that inflation will cause a recession before too long investors will have been more focused on stagflation or weak growth combined with high inflation. That's the definition of stagflation, weak growth and high inflation, we're at the point where you have to pick your poison you're, either picking a recession or you're picking inflation like you're, not going to be able to perfectly solve the two of them and the reason i'm saying That is if inflation persists.

Well, there's a good chance that the market will keep going, but then our federal reserve, the people who decide monetary policy for them to battle inflation, there's a good chance that that will actually send the market down. And then that could lead to a slowing in economic growth leading us into a recession. Remember a recession is actually not defined by what's happening in the market. That's a bear market or a correction or a pullback.

A recession has to do and i believe the technical definition is two quarters with a drop in gdp growth, so recession has to do with the economy, while bear market has to do with the stock market just to get some terms out there. Lately, investors have grown concerned about the toxic combination of high inflation and slow growth known as stagflation. That's very, very bad. You don't want either, but if you really only want one, if you have to have one but both slow growth and high inflation, stagflation no bueno in the near term, surging food and energy prices will almost certainly trigger a demand crushing global recession.

Most of the wider economic damage will be due to actual or potential supply disruptions to food, industrial metals, energy supplies driving prices up shortly, like this isn't much of a prediction there. We already know meat, uh, fish, poultry, up, 13 uh beef. What we saw in february alone, energy went up six percent, but if you're looking at crude oil a month or two ago that was at 60 and it did hit 130 currently trading at 106.. We, if, if you don't know that prices have been going up, that just means you haven't, bought something in the past month, whether it's you dollar cost averaging to fill your gas tank dollar cost averaging to buy your groceries.

Things are expensive, there's! No, if ands or buts about it. Needless to say, stagnation would be a dire outcome for the economy. That's the worst of both worlds. The combination of slowing growth and high inflation could feed into one another with the economy weakening further as people lose jobs and inflation-making them reluctant to spend and unable to afford goods and services.

Despite tight labor markets, the massive cost of living squeeze would lead to a breakout price wage spiral, but will increase a, but excuse me we'll instead crush what we are already fragile consumer demand and trigger a recession. So it's just a scenario where yes, according to this guy, mr albert he's saying that it could lead to a very, very bad scenario, and there are many bears on one side saying that that could happen. But even if you look at certain things, such as the market right now, where we're seeing a bit of a pop we're seeing a lot of green and pre-market and let's say that the fed does end up pulling off a pretty soft landing, which it's tough. It's a very tough scenario for them to kind of keep the market and keep the economy growing and for them slowly chipping away at inflation, it's difficult, but it's 100 possible and then there's other people on the bullish side of things who are saying yeah.

No, that's actually what we're looking for markets are far more treacherous than expected, but the s p could easily rally to 5100 or higher by year's end. So i think it's very important, at least for me, on this side of the camera, to give you various outlooks, not everyone is calling for a bearish crash and not everyone's calling for a bullish rally, depending on who you are you're gon na find it like, like. We just saw with the news of ukraine right now, depending on your news source. It's super easy to find a piece of information.

That's gon na back your buys. What you should really be doing is looking at the information, that's going against your bias and asking yourself how you feel afterwards, after diving into that information, uh his forecast for the s p could hit five thousand one hundred by the end of the year. Just so, you know we're currently at four thousand two hundred four thousand three hundred he said the foundation of a bull market is still intact, even amid high inflation, a war between russia and ukraine. I just think you can't really get that hurt if you buy stocks here over the next 12 months, i think we are in no man's land for the moment.

Our base case for the first half of 2022 was the market would be treacherous, and this is just basically uh like i know, that's a pretty bearish sounding connotation they're, just saying high volatility, which you really know that there's been insane volatility lately. This is far more treacherous than we expected and i think it's because we are in wartime conditions and obviously, with war, it's being run by headlines. It's not really fundamentals, it's not really technicals. It's we're in a headline era of the newest headline can cause the market to go up or down um, and that can make it really difficult unless you know the headlines about to come out, but do i think stocks will end higher from here on an absolute Basis, yes, i think we could still exit this year with 5, 100 or higher by backing up his view on this.

He sees upside for more than 20 on the s p 500s current level, a 20 gain from where we are right now the fact that the market valuations aren't causing you to have a huge margin of error on the downside. I just think you can't really get that hurt if you buy stocks here or over the next 12 months. So once again, i like to present the bullish case to you and obviously there's no shortage of bearish cases, pun intended. So i think it's important for you to know both of what's going on and you just maybe dive into the one that you disagree with and try to wrap your head around what they're talking about how they've come up with it and from there based on your Own dd, hopefully you can make more shrewd decisions in terms of the us government senate gives final approval to ukraine aid huge budget bill, so basically, the 13.6 billion emergency package for military and humanitarian aid for besieged ukraine and its european allies easily won final congressional approval.

Yesterday, on thursday um so right, there 1.5 trillion overall legislation uh and it passed 68 to 31. So i just wanted to give you update on that. The most recent budget bill did get approved, alibaba and other chinese stocks plummet after the sec identifies five companies for potential d-listing. If you are in any of these five, it is not a good scenario.

Alibaba plunged as much as 10 on thursday after the sec identified. Five potential chinese stocks for potential delisting from u.s exchanges, one of the stocks identified by the sec included yum china, which fell as much as 15. The sec is taking a tough look at chinese stocks, and investors are taking notice. So this is something that was a a hot topic back when president trump was president, when former trump, when former president was actual president - and what was going on here is there - are companies that are headquartered in china.

They trade on the u.s stock exchange through, what's referred to as an adr in american depository receipt. What's interesting about this, is they don't really follow the same rules that us-based companies do, and this relates to auditing they have less auditing and people were rightly calling out. The fact that we don't want another luck in coffee, the reason they don't have the same auditing is basically a political pissing match between the u.s and china and china, saying we don't want to give you that type of information and then the sec was hitting back And they're like well, if you don't we're going to de-list you, because if you want to trade on our exchange, you're going to have to have the same type of auditing that all of our other companies do um. That was a big big hot topic item.

For a bit there, and then it kind of went to the wayside as we switched presidencies, and now it seems like it's coming back to something you need to pay attention about when people asking me about alibaba neo those types of things. That is exactly what i'm talking about. Is you have an extra political risk outside of macro economic developments outside of technicals outside of fundamentals? There is a chance of just a political mis pissing match boiling over and you there might be de-listings popular chinese stocks like alibaba. Plunged as much as 10 on thursday, after regulatory agency identified five chinese companies for potential de-listing from u.s exchanges due to inadequate disclosures, as in they're, not disclosing they're, not doing the proper audits, not the same audits.

The five companies identified by the sec were beijing yum. China holdings uh, zylab, acm research, hutch, med, limited and they're all, obviously taking quite a bit of a hit on the risk that they might get delisted. So here's what you need to know if you are in any of those companies and i'm just calling this out, because i know that alibaba is one that people commonly follow and it hasn't right now, but this might end up having an impact on neo. So i just want you to know how these types of things kind of go on the initial announcement.

Yes, there is a bit of a bearish hit there, but there are other things like it could get resolved. The five companies identified by the sec have until march 29th to submit evidence disputing the sec's identification under the hfcaa law. The sec ultimately has the power to de-list the chinese stocks. If, for three straight years, they do not allow a u.s accounting firm to conduct an audit of its financial statements, like that's quite a while three years and the risk of the value that they would lose from being delisted, you would think just hang out like get Your together, like do the audit, so i just want to clarify like some of the specifics of what's going on there and another international development.

This is kind of a crazy one. India says, in course, of a routine maintenance. A technical malfunction led to accidental firing of a missile into pakistan. That is nuts, that's a big issue in accidental missile firing um, i don't know if anything will or won't come from, and i just wanted to share it, because that seems absolutely ludicrous.

Five things to know before the market opens today friday march 11th futures jump on hopes of progress in russia. Ukraine talks, let's see if that's holding uh it popped up. This was the pop right here and we're at 428 82. This is exactly what i'll be looking at for maybe my day trade today russia widens military ukraine offensive troops approach, keith does no one like does no one at cnbc appreciate the contradictory nature of this futures jump on hopes of progress in russian ukraine talks.

That's number one: they didn't even put anything in between the contradictory statements. Number two: russia widens military ukraine offensive troops approach, the capital city, no one at cnbc is like hey. Maybe we shouldn't have absurdly opposite statements, literally labeled number one and number two of the five things you should know before the market opens today. Who was the proofreader of this all right hopes of progress and then no wyden's military ukraine offensive like what that was one and two u.s allies may revoke.

Russia's most favored trading status friday marks two years since kovid was declared a pandemic uh. So two years we've been through it. I know this has been absolutely a crazy crazy time. We have been battling this global pandemic for two years and finally, it does seem as if we are like the light is very obvious at the end of the tunnel.

It does feel like we are right there. I just saw that the government was saying they still need billions of extra dollars to fight. What's going on, i kind of question: why and maybe i'm just not as in tune with the situation, because it does seem like the world has pretty much bounced back, which is obviously a great great development. It's an awesome, positive development and i don't know maybe it's just the mainstream media stop fear-mongering because they would instead of fear-mongering with coven mainstream media is now fear-mongering with the whole potential world war iii, ukraine, russia thing so i it kind of fell out of the News cycle, but i do want to remind you - we've been in this for two years.

It kind of seems like we're at the end. The us government says they still need billions of dollars in taxpayer, money uh and maybe maybe they do. Maybe they don't. I haven't been following it as like, as i guess daily, because it's just the media is really not covering it anymore.

Ford, pg e partner on electric f-150 powering home, so ford, making some additional moves in the world of ev and they've been crushing it there. Ford ever since they really made that initial statement that they are getting into ev. Since then i mean the demand for their electric f-150 has been through the roof, and it's been really really doing well, especially on like kind of a longer time frame so very quickly. Just so you know the s p.

500 short interest is 17.5, the q's short interest of 13.6, and then the small cap sector actually dropping a little bit for quite a while. We were sitting over 40 currently at 39.. Just so you know, amc is still hanging out on both 20 is that 20.6 and jimmy is now coming back up to 20 19.94. So, let's talk about my, i guess concept of what an interesting play could be uh before that bell goes ding any ding, ding ding.

We have just over seven minutes right here. We are gon na open in the realm of 428. Let's just tag this 72 um here, let me just tag exactly where this is roughly. If this were to hold right here, we open at this top value, and i see the high of yesterday being 425.

What is this 426.43 gap fill gapful play to the downside. I think that's a super super easy play. Uh you could, if you want just a well-defined risk, your risk could be 429.51. I myself will be taking this play i'll most likely take it through the futures market.

Just so everyone knows, but i mean gapo plays. I just know the odds of them. They are a very, very high odds play and i just don't really buy the fact that the market is popping on the fact that putin said certain progress has been made. That sounds super sus to me: i'm not buying it, and i just also know the odds of this technical setup uh it might bounce right off of that rip higher or who knows.

Maybe it rips right out of the gate and my face comes ripped right off, but overall, i think this is a very interesting play and i'm just watching this for basically the mid-426s for that quick gap fill. So i wanted to call that out to all of you and also in the bigger time frame, we're very much in this wedge. So if we gap fill, we could fall, maybe at the bottom of the wedge, or maybe we don't gap film. Maybe we just shoot directly up to 433 and then we're at the top of this wedge.

Overall, i think the next big leg will come after we break out of this wedge in the overall market, the cues in a similar scenario - if you really wanted to you, could play the gap fill on this, the q's, the russell and the spy are all in. Like pretty much the same boat, we're opening up at 334.80 and yet there's a gap filled to 332.51, so similar scenario there and then finally, last but not least in the small cap sector, this one not as wide as one right now it's about a dollar the High yesterday was 204 and we're currently trading at 290, so there is legitimately a gap-full play in the spy of the qs and on the russell in terms of amc. Uh we've been we kind of popped up. We kind of popped up again: we've been holding the support around 15, currently at 15.50, i'm looking for the breakout of the mid 16s.

It's been low volume and not much volatility lately, just not like too much to do there um. I think a lot of people are focused on the insanity of the overall market and what's going on in the energy sector, and i think maybe, when that world calms down a bit, then there might be a return. But right now we're just not seeing high volume or high volatility. Similar scenario with gme would love for it to hold 100, want to see that breakout of 105..

So here's the spy right now once again 6am that pop on the news of putin, but i'm not really buying it. I think it was an overreaction. We see that tesla's up. If i see anything interesting yesterday, like a nice change of pace, we actually made a positive trade on tesla, um, so i'll see how that one plays out but and once again all that stuff is posted on locals.

But with all that being said, we are getting ready for that bell to go ding, ding, ding, ding ding. Let me switch it over to the one minute chart um. What do we have cr painting? What do you think about m-u-l-n? So i'm not in m-u-l-n. I've been covering it just because it seems to be another crazy story of manipulation.

Uh, i don't have a position and i will not have a position. I just don't really like pa playing penny stocks. The float is super low um and it's not in a sector. That's going crazy right now, such as energy, but mulln, it's crazy to me that you could have short exempts higher than the actual float.

I think something is going on and i will be watching it and, as more and more like, i guess the narrative develops i'll. Like definitely cover it with all of you, and especially if it's swinging to the upside or the downside, more than happy to have it up, but all i really know about m uln right now: i've done a full video breakdown, especially with true demon uh. He is kind of the guy within this community. That's really been covering this story, so if you're an m-u-l-n die-hard, you definitely have to check out true demon, but overall it it.

It's a super sus situation, something's going on with mulln that shouldn't be, but a similar scenario in imp, indo, uh husa, those types of things we're seeing a short interest over a hundred percent uh we're seeing it that it's on the threshold list. This is all stuff that should not be happening. Hey man. Can you think of a catalyst for oil to go up today? You can buy uco spreads expiring today cheap.

Can you pay less for two for a six dollar widespread? Can i think, of a catalyst uh? Basically, if the senate signs the like embargo on russian petroleum with natcass, what's your take on alto beating earnings last night, jumping 20 um, i'm not going to chase anything! That's up 20 like that uh. If you have a gap up yeah, i don't chase gap ups. I mean similar to what we were just talking about in the spy, the odds of a gap-fill player so high. So when i see a gap up like that, i mean i'd.

Look if i like. What's going on, i would still wait for the gap fill. I just don't want to buy out of the gate and then get kind of uh messed up when it goes for that gap fill uh it might open and continue to rip. But if you're not already on the rocket ship uh, that's not a scenario that i would like to really chase: pov putin, zilinski, i'm your father come to the dark side, hey frank long time, first time, looking for your swing today, i want to make 30 today What you see out there for the market - i i think an easy one: is a gap fill in the market uh? Obviously i am not a financial advisor.

You got to do what's right for you. Maybe you think i'm wrong, and maybe you want to play the opposite way. Maybe you believe in putin's statement and things are going to be good and you want to go along hey it's all up to you. All i can, let you know is what i'm doing and i'll call out my trades like.

I have no issue being transparent with you. Sometimes i'm right, sometimes i'm horrifically wrong. It goes both ways. Uh, it's more of me just sharing my thoughts and opinions with all of you.

Oh imp now has options. They just started whoa austin shout out to i don't know if you're with your brother, but shout out the senate voting on it today. Also, can you give us a future play in terms of spy prices, where's the gap bill in soy prices? The casino is open. Uh.

All right hang on. Let me get to those financial advisor, obviously not, but i am a duck shirt aficionado the senate voting on it today. I don't believe so. There is talks that they don't think it will pass the senate the kind of petroleum embargo uh.

Can you give us your future play in terms of spy prices yeah? So that's what i'm talking about is in turn like. I always give it to you in terms of spy prices and it's this high 426.43 i'll just is it marked out 426 43 right there? This is the gap fill where's. The gap felt 426 43. Is the exact fill area m-u-l-n not doing too much out of the gate? C-E-I it's at a dollar oil is at 107.

Maybe we'll throw oil in the bottom. Here. Oil oil oil definitely getting smacked pretty hard off of that 130 level, twice huge downtrend ever since the uae and the iea talking about how they're going to help resolve the situation if it pushes 110 really if it pushes 116, i think it'll pop again uh happy Birthday shout out: i appreciate that hey as we're getting going today, folks, just a very quick reminder, if you haven't already help me out, drop a like uh, let's pump this thing over a thousand likes just to get some more people in here for a fun day. Friday for a fancy shirt friday type of action am i holding on to my iwm puts yes, i am i am i am.

I am, and my reasoning for that is first of all, i got into it because a bunch of money, like i'm basically coasted off the whales who are doing that um. So a lot of whales for next week got 180 185 and 190 iwm puts and with it. I also know, there's basically the catalyst of the fed meeting next week. So that's definitely something to consider.

There's also the weekend risk of you never know how things will either improve or devolve in the whole ukraine situation. I think i just see in the very short term, quite a few risks still in the market. Do you, i think it's worth getting into indo, even though it's up 800, so indo is interesting for two reasons: uh reason, numero uno is just the energy sector. If you think energy, if you think oil, if you think a barrel of oil, is going to continue to go higher indio is a viable play and then beyond that, it gets even more interesting.

Because - and i made a whole video on this feel free to check it out, it's posted on the channel yesterday, the numbers are insane. This is ripe for the shorts to get the hell squeezed out of them. If this ever oh hang on, oh did i do the wrong one indio. Here we go.

It's on amex uh the short interest. Yesterday, it was above 100, it's still at 77., the cost of borrow is 64., the utilization is 100, it's a low float stock and it's on the threshold list. This is right for the shorts getting legitimately brutalized. So if oil starts to go up, i think that indo could squeeze, but obviously that's the big.

If of this situation is, do you think oil is going to go up? If you think the uae and the iea and the us is going to all of us? Are going to get our together and we're going to control the current situation with oil and energy? Well, maybe there's going to be no pressure on the shorts, but if oil goes up, that's a lot of pressure and then all of a sudden you're seeing the weird stuff it's on the threshold list max out utilization costs to borrow over 50 percent. It's a low float, it's a powder keg, it is 100 a powder keg. It's just you have to have the thing that lights, the fuse for the powder keg to go off, and in this scenario the powder keg is oil going higher. So it's coming down to your conviction in oil co going higher and it's the same thing with inp.

I indo all those they're all in a very similar situation. Did you see unusual twit, yo, wales, tweets congress shenanigans? I don't know which one you're, particularly referring to but related to that remember. I made that video of all the politicians who were recently caught trading oil or what was it like, lockheed martin, basically national defense stocks, lmt uh, so we made a whole video on that um. I don't know if it's relating to that or something else but um unusual wales does have that service.

That is tracking um. I guess political trades. I go to their actual database on something like open secrets or that it's kind of once a day once every other day, i see what all the new political trades are: all right: howdy travis, what up bay salt basalt one leg, craig one leg! Craig! Do you really only have one leg or does this relate to something else? I meant this: is your punishment for being late today makes a grim milestone two years ago on this date, the world health organization declared the covid 19 virus a global pandemic. Well, i think today would be a positive day, then that, like we're out of it like to me, that's a positive development that we're kind of done with that bs.

Just my thoughts, though, all right, all right, all right, tesla, going down hit 834 just below that we're seeing the queues take a bit of a hit the spy going sideways. The small cap sector going up small caps going up tech sector going down overall market going sideways uh. I think people are very confused on what the hell is going on today. Oil is slowly but surely up ticking um.

Yes, i called out that major level of 116 and in between look for the breakout of 110, it's trading at 107.50 right now, as this goes higher. That makes your cei your aim pp, your indo, your a2sa, your tusk, all those types of oil and petroleum type plays oil. Petroleum pipelines um, as this goes up that will most likely bring those with them as well. Personally, i still think energy is of extremely viable play, but maybe that's just like my pessimistic nature that i don't think the situation is getting resolved.

I think people are kind of overstating um the positive developments that we're currently seeing like i said, i'm not there, i'm. Fortunately, in the comfort of my own little studio here, so maybe things are getting better. Maybe i should be more optimistic, but i just the way this is gone is whenever media is saying something positive of. I guess, like putin's mindset change, it just seems like they're wrong amc halted.

I highly doubt it. No, it's just not being act. Amc and gme over the past week or two have had extraordinarily low volume. Gme has traded 75 000 shares.

Today. Amc has traded uh, 1.9 million relative to what these have done in the past very very low volume, very, very low volume, uh ortex update on imp more than happy to uh. It doesn't have a short interest, but if you look at its free float, it's right under 200, if you do that quick math, the cost to borrow excessively high 261 percent utilization 100 uh, also on the threshold list, another thing that is legitimately a powder keg. The thing that will light it is oil going higher if you are in inp, ind or cei it's going to go up.

If you think oil is going to go up, so you have to you have to ask yourself: do you think crude oil is going to continue to go up and that's more of a political question of what do you think is going to go on with all These other, i guess iran uae iea the u.s someone said biden, talk soon is baden talking today. If so, i'm have, i didn't know he was speaking today. What do you think about the recent commodities uptrend? I think it will actually trend higher and higher. I think this is a little bit of relief from the overall storm right now.

What do you think about clf? Isn't that that cleveland, one cleveland cliffs? This is it's at resistance. Uh, if you've been riding the trend, that's a great trend, you're kind of getting a cup and a handle. Here's the handle your risk right now is 23.40, not too bad you're buying it a little late. If you don't already have it and you're buying it at resistance, what i don't like, but if you got like the recent pop like 25, was a great entry with a risk at 23.36 he's speaking at 11, 15 et.

Oh wait! I'm seeing wild times! 9. 15. Am 11 15 10 15. sounds like he is all over the map today at 10 15 a.m.

Friday march 11th, 2020 next event begins at 10 15 a.m. Uh biden, president biden announced his actions to continue to hold russia accountable. 10 15 a.m we'll be watching it. So it's in about 35 minutes all right, we're still looking for that gap fill on spy on the qs2.

Let me just get you the q's level. In case you decided to play well, the q's actually already got filled and the russell did not gap-fill. So the russell gap-fill is at 204 cents, so we'll watch, q's, already gap filled and then for the small cap sector. We are looking at two hundred and four there.

That's the gap fill on the small cap sector and then we are watching this level 426.43. On the spy which, yes, i do think will gap fill my opinion on cei. I mean i think you might have just joined it's the same thing as imp indo. It's just oil.

If you think oil is going higher. Cei is a viable play. Lmao bets on how late he is probably very late, because that's how things have been going and it frustrates the hell out of me oil as we're going into the biden. Talk is slightly coming up.

Obviously it has been at 130, so 107 56 is quite a bit of a drop off of like the high that we've seen. In fact, how much has oil dropped off 17, so oil? Ever since the sunday futures market open earlier this week, has come down a decent amount, but overall, like a month or two ago, is trading at 60.. All right so we'll continually watch oil just especially because there's a lot of conversation about ci mpp, all those ones, uh uso. I am long.

I have calls for the mid april, the april monthlies on uso uh. So i would love for this to go up as high as possible, at least in a financial sense, wouldn't probably be that good for the world, i'm in a dewac call that expires next friday, but it is looking like it's going to expire worthless, thus far. The launch of dwac has not gone that well. Gas price is still insane.

Yesterday yeah, we actually hit a new high on average for per gallon of gas across the us. I believe it was four dollars and like 32 cents, which means within like a week. It rose 60 cents on average, which is just crazy, crazy, crazy, crazy, all right cei. What else is going today? We know oil is going up slightly.

We already have that dwac is up. 1.6. Cfi is up two percent uh. Is there anything that's running? How is amazon doing after they announced their 21 for one stock, split, uh, 2.

960.. All right all right! All right, when is the fed meeting next week it starts on tuesday, concludes on wednesday. We'll get the results at 2 p.m, and then powell will be speaking at 2. 30 e-t-e-t-e-t-e-t.

What else do we have what's moving today, folks, h-y-m-h-y-m-c, a mining company, precious metals, okay, commodities going up? What has this one been doing lately? Let's look at the daily chart quickly coming into earnings uh. This is definitely a super chase play. This is a this kind of reminds me of mulan in the sense that it's a penny stock that popped and kind of went nuts. So not really my play.

I won't be trading it, but it kind of does make sense of why it was going up. I mean if precious metals are going up, and this is a company that mines them. Obviously that's beneficial to it also is amc dead. I don't think it's dead, but i am also not clairvoyant it's up to you, i'm holding my position, but that's because i've already told everyone my risk is set to zero dollars.

If amc like my risk is either i get out when amc hits zero dollars or the shorts cover, it's honestly that simple workhorse is running. I haven't heard that name in forever four dollars. This thing used to be cruising used to be cruising all the way up to 40, and then it lost out on the contract and got absolutely demolished. Uh how's highly undoing highly on trading at four dollars.

Man, these smaller unknown ev, plays getting destroyed. Maybe they'll get a second wind, how's neo doing neo17 most likely under some of these pressures from the sec really taking a look at chinese listed companies on the u.s exchange uh. Speaking of that how's baba doing another day of decimation, yes, siree bob alibaba getting messed up, wow, wow, wow, wow alibaba and it's a good company like its numbers, are impressive from a fundamental standpoint. Alibaba is a solid company.

It's just all these other things. You have political issues down 70 from its high jeez alibaba. That's that's bonkers, alibaba, fundamentally solid, but then obviously it has tensions with u.s politics, particularly through the sec and then on top of that jack ma. The founder he's, like kind of notoriously always going back and forth with the chinese government.

So it's just. You have a lot of political issues with alibaba. What else do we have going on complicit? Interesting? All right? It sounds like for everyone who's just joining in um interesting day, thus far, we've had a gap up. I was still looking for that gap, though, but we started to see a bounce about what 80 cents early, something like that: 60 cents early.

I'm still looking for that gapful play. I think we're going to get some volatility coming out of biden's talk, that's scheduled to start in about 30 minutes facebook. Apparently someone said facebook is tanking on news down to 189. What's the news on facebook, facebook, facebook, facebook, uh chief legal officer, jennifer neusted, sold a total of 330 shares on an average of 187.

That's nothing. Eu and uk anti-trust regulators launched parallel investigations into google and facebook parent meta platforms over a 2018 ad deal. Uh met of the world's largest online stock network, with about 2.5 billion active monthly users, users engage in each other in different ways, so you have a small amount that like who care 330 to even like? Yes, is it insider trading, obviously but 330 for the chief legal officer, like that, i don't care about that um, it's probably more so, of the antitrust developments and also russia trying to ban a particularly instagram they're going after they putin does not want instagram people doing Their thing, what else do we have gfai? I see a lot of people trying to pump gfai gfai. This is just like another crappy penny stock that was doing nothing yesterday.

This is gon na end poorly this right, oh, and had to do a a reverse stock. Split this ends bad. I don't know where this will actually go up to, but i would bet an immense amount of money that this is going to come right back down to wherever it was 50 40. This, like um this.

You see these types of pump and dumps all the time in penny stock land. I don't know how successful or how long this pump will last, but it's gon na end poorly gon na end poorly. What is this anyway guard force? Ai? Is this like a a cyber security play? That's up just because the people are worried about like a russian hack, i would 100 be playing the gap down on that one pickle me timbers. I agree with you.

I would wait for the first sign of weakness. I'm not just gon na, like i wouldn't arbitrarily go against it and just to be clear, i'm not playing this one whatsoever. I just don't feel like it, but as soon as there's some like legitimate weakness on like a medium time frame, i would just write it down this one, there's a good chance that there's no options for so you'd have to straight up short it. Someone said amc is a mess.

What's going on with amc today, unfortunately, could not hold 15 1480 kind of looking like alibaba today, how is gme looking could not hold 100 amc and jimmy are getting beat up right now. Unfortunately, there's actually it's odd these days, where you don't see that many green things and then yet the indices are green, like when all these big individual companies, like how's apple, doing apple down microsoft, microsoft, actually look at that microsoft's doing something pushing that one percent coming Back interesting, how's tesla doing trying to pop as well. Let's keep up microsoft, that's showing an inordinate amount of strength. How do i say pickle me timbers with a straight face? It's one of those things at first.

I laughed a lot and now i say it on. Like a daily basis, because he's always in here uh, so it's just, i guess normal. I don't even think about it. Much he's just pickle me timbers.

Could you do another breakdown of ctic? For me, i still have those five dollar calls for next friday. Ctic i mean it's just still running running running i would be well speaking of gap-fill plays this one has a gap fill for 5 15. uh. If i were you, if i already had this position well, okay, you're kind of fighting against time.

If it hits five dollars today, i would be peeling off some of it, but be careful because you also have earnings coming up on the 16th, so you got to be mindful of that. If it were to hit five today, i would be peeling it off. Just because remember, you're also battling theta so every day you need it to go higher, just to retain your same value, so it's uh you're trying to thread a needle here. Personally, i would have been throughout this push.

I would have been slowly scaling out some of my position and my next scale out would be at this trading at five dollars, and the gap fails at 5, 15. i'd be slowly but surely taking my monies, i've been making a little very little lately with covered Calls on amc covered calls a solid way for any core position that you don't want to get rid of the stock just to collect some extra money i think covered calls are a great play for any core, especially like medium to long-term investments like why not make Extra money: how does disney look for next week, 136 and 137 - that's almost impossible to answer disney's a massive company, that's going to be very, very related to the overall market and we're getting the fed meeting next week. So um, right now, technically it's been a bit bearish. There is this gap fill.

You have big support at 128, a little almost bullish, diversions in the rsi, so the technicals, i would say, are kind of more so pointing for a bounce, but i wouldn't be playing in it like we have a big week next week with that fed meeting depending On what they do or don't do or depending on what biden does or doesn't say today, even could cause the market to go haywire. When i see this much stuff going on, i like more so focus on the overall market and then when the overall market is slowly but surely grinding. That's when i look for extra opportunity and individual equities so right now, i'm kind of watching the overall market and then the big players, such as apple, microsoft, tesla even disney like for sure, but right now. My emphasis is really on the energy sector and the overall market.

I think that's where the big moves are going to be bunny, stop spamming or you're going to get kicked uh impp getting hammered. What's oil doing oil yeah, we you need oil to pop. It's going to be directly correlated with crude oil out of my own morbid curiosity, um, who else thinks that the spy is going to gap fill? I definitely do, and the spy gap fill is right here. 426.

43. I'm just curious. How many of you agree with me and how many of you disagree with me morning? Matt love the shirt. Thank you remember.

Fridays are fancy shirt fridays alright, so we have some people that are also playing the gap. Fill interesting, i'm curious. If anyone is disagreeing with it, i mean the odds of this. This is like one of the major things i learned about my like when i was really focusing on algorithmically training, the futures market, the odds for a gap bill are outstanding, not a hundred percent.

Nothing is ever ever going to be guaranteed, but gap fills are solid, solid plays. What do i mean by a gap? Fill uh a gap, though, is right here. So if you look at yesterday's high to today's low there's, like a literal gap in the chart, this little area the high to the current day's low, it's a gap, it has not traded in this zone since creating it and you have to fill the gap as In if you gap up the gap, fill plays to the downside to the previous stays high and then on the other side. If you gap down the gap fills to the upside, it's a literal gap in the chart from one day to another, and it looks like we are about to get that gap fill and close, close, close close.

What are we like, 20 cents away, so as soon as that hits the gap, though oh like - and this is the type of stuff that i post um early on like before the market opens. When i see these types of opportunities and i'll show you where that is in just one second, but there's no point in showing it off until i've been proven right and who knows, maybe it's going to come to 426 44 and all of you, my internet friends, Will just laugh at me and be like that kid has no idea what he's talking about. He told us 4. 26.

43. It only hit 44.. I i can't trust him. So, let's see how this comes.

Uh can you explain? Stock warrants. Stock warrants are similar to options, but there are some key differences. First of all, you have to know warrants are typically a bigger time frame and once again you, whoever owns the warrant, they can execute uh the difference. The main difference between options and warrants are options.

Don't add new stock to the outstanding share? Count warrants do warrants. If you own the warrant, you can choose to execute it at whatever it is uh on or before whatever date, but when doing that, you're actually like it's new shares, are coming into existence. That is not true with options. Uh warrants it's very common for it to be like five years of like you could own that warrant and whatever it allows you to, for whatever, like the strike prices.

There's a lot of overlapping terminology between warrants and options. Both have a strike price both have an expiration warrant's, typically, a farther out expiration. I'm talking like years while a lot of options like yeah there's years, but a lot of people play the weeklies or the monthlies um. But the key difference is options.

Don't add shares to the outstanding certain account when warrants do upon execution and warrants are why they do warrants. Companies offer warrants to raise money, so if they need money to pay off debt or to do whatever pay like for whatever, if they need capital, they can offer warrants uh. What is the russell doing? Is that linked to the amc selloff or is it getting shorted rough today? So the russell iwm is the small cap sector and there is going to be an inherent correlation between iwm and amc, because amc is the largest showing within iwm. But when i say large is showing it's the largest showing is 0.5, so one out of the 200 things within the russell or in iwm is amc.

So it's 0.5, so uh you're, gon na see a correlation there. But if you straight up short iwm, if you're like i want to take amc out, i'm in a short, ams or iwm, your money would be better spent straight up, shorting amc because whatever you do to iwm technically, that only has point five percent point: five percent Exposure not even a full percent exposure to amc uh. We got close to this gap phil, but no dice. Yet we were off by 57 to 43, so 14 cents.

I'm i've already got a physical black eye. I'm about to fight, possibly two ex-bosses. Today, let's dance johnny, the world needs to know like what are you actually gon na fight? Two of your ex-bosses today. Are you in some, like podunk town, where you like on friday nights you just fight your ex-bosses.

I need to know. Look at that. Ding ding ding ding ding ding ding ding ding attention attention. The gap-fill has been made, uh you're, welcome to anyone who took it uh and also, if you're curious.

If maybe this is the first time hearing about gap, fills where i post this type of stuff. It's in the description but macquaries.locals.com, i posted this early this morning before the market opened 311 trade idea, spy downside gap filled to 426 43, not seeing too much global improvement. That was my reasoning. There you go this locals, there's a free version and then there's also a 10 month and up like 10 a month.

If you took this, you already paid for the full year, it's a hundred dollars for the full year, but just so you guys know, especially if you already have a locals account like. I just want you to remind you that i post my trades there and i would also ask of you to post your trades there um. I love to see these other trades uh. Das was posting about spxu swing trade.

Other seth was talking about some spy stuff. Fuzzy was talking about some gold. I love learning about what else other people are looking into and their reasoning in their dd uh. The entire point of that is just not only for me to share my thoughts and trade ideas and breaking news, but i want to see what you guys are doing.

There's been some amazing, dd and breakdowns in there as much as you guys have been learning off of me. I've been learning off of you and that's, what's so cool about this moon game community, but right there gap fill done uh. I guess technically did this gap.