What's poppin smolder boulder baby? Here we go what is up everybody over the trace trades? We have technical analysis and different stocks in the stock market, as well as potential buy holders sell opinions on these. Given stocks, i might have to consider revising my intro, because i i do a lot more than technical analysis these days, but uh, whatever uh i'd like performance by saying that i'm not a financial advisor and are experts, so it's gon na say the greatest. So, let's get into the video so today we're gon na be talking about amc liquidity. Now this is a kind of broad overview on a couple, different topics that i think are going to play into not just amc but the market as a whole.

I think you're gon na be seeing a pretty, i should say, volatile market over the next two three four weeks, and this is obviously just a prediction. I i obviously can't read into the future, but it's hard to overlook some of the things that are happening on the side with you know the federal reserve, the feds as we call them uh bond yields, uh different different margin, calls the slr the, which is, you Know: supplemental leveraging ratio uh very interesting stuff going on here, so we're gon na look into how this will affect the market as a whole. How this may affect amc and uh just dig into the video, as we always do, so i had to drop a freaking gorilla as per usual guys. We've got uh.

This isn't kong by any means, but just a good old silver back gorilla down on his four. His four hands and his hands and uh feet. You know doing what gorillas do straight up: jade chilling so anyways, let's get into the video. So i want to start off here with an example right, so we're gon na start off here talking about discovery crash and i've got every single article pulled up here that i'm referencing for the purpose of this video and we're going to come back to these.

To reference them as we go along, i want to give you know credit where credit is doing. A lot of this research was uh was helped by a member of the discord so props to that. Guy. From over the discord, i do appreciate you immensely for helping to put together this this awesome uh.

This awesome, you know video and his name is iranian potato yt. So thank you to my brother. I appreciate that immensely. So we're going to start off here with discovery crash at a 35 percent drop - and this is you know, talking about discovery directly, but there are two stocks that that got uh affected by this crash.

So you've got shares of viacom cbs and discovery falling as much as 35 friday and i've done the liberty of pulling up uh this stock for you. So if you look at this on a six-month chart, we've got viacom. Cbs incorporated pulled up here on the chart. It had some great great great, steady growth only up to 101.97.

Now, if you were to look at this chart and think to yourself why the heck do we have this drop, this doesn't seem warranted at all. There must have been a terrible, terrible hit piece that came out and, let's just look at the you know the news that we have here: viacom cbs discovery plunged due in part to force liquidation of rkgo's capital positions right. So not even a bad hit piece came out on this. It was just pure liquidation which we're going to get into here in a second, but this is a nasty nasty nasty sell-off and, i think, a precursor to what could be happening in the market at a later date.

So, coming back to my whiteboard uh, what we have here is tigerasia llc as the primary cause of this major sell-off. Now, what's the what's the issue with these guys right? Well, tiger asia llc, they are very infamously known for leveraging positions. Now we don't know if that's leveraging long leveraging short, they can do it both ways, but essentially what leveraging is i've drawn this out as a question right here in case you're wondering is, if you have, let's just say, ten thousand dollars of cash, and you have A two to one leverage that means that you can trade with twenty thousand dollars right. You can do this, both long and short, depending on the sort of uh.

You know brokerage account that you've got set up. Obviously, these big institutional investors have some more rights to liquidity than the average retail investor who may not be playing with as much money for them. That could be 10 million dollars to 20 million right. So essentially, what happened is you've got tiger asia llc, who gets margin called right.

So if we were just to read through this real quick liquidation of holdings at several major investment banks with ties to tiger club, archico's capital management llc contributed to an unseen daily decline. Friday in uh shares of stock, including discovery and viacom cbs incorporated shares of media conglomerate. Vicom fell 26 while discovery dropped 27 uh. The common thread is this defunct tiger: asia management llc founder bill huang, who now runs archaic, ghost capital uh his fund was, it may still be a large owner of shares in both viacom cbs discovery.

He did not respond to phone calls emails or bloomberg messages sent by ipo edge. These phone calls essentially being margin calls right. So one person familiar with the banner said mr hwang's fund, received a margin call from one of the investment banks, not necessarily mortgage standing. Their goldman sachs, but regardless was and unable to meet it and as a result that bank and others began to liquidate stocks owned by rk ghosts.

So that is why you saw this massive sell-off that happened in viac right, viacom cbs incorporated now. Why is this important? Why am i bringing this up right? So if we come back to this, the leveraging piece right, so this is going to tie into what i want to talk about here. More so uh as we go on in the video leveraging or you know, playing with more money than you have playing on on bank money. Borrowing money with an interest fee or an annualized interest rate can lead to a margin, call or, or you know, two situations.

So what is the margin? Call? They call you, you essentially get a call and email. You know all those things that ended up happening to uh. You know tiger asia, llc management, llc and they say: hey you've got two choices here. You either a put more liquidity in your account or b liquidate your own stocks to meet that liquidity issue or we're going to liquidate some stocks for you to get the money that we know we owe you know you you owe us now.

Typically, you don't get a margin call unless you are short on a position. So if i had to take a stab at it right, they went short on a position which means that you have an infinite amount of losses and those can accrue very very fast. Now you can't get a margin, call playing long right if you buy in a stock at ten dollars and you're leveraged, and you know, let's say you're a three to one leverage playing with. You know ten thousand dollars well all of a sudden.

If this drops down to six bucks and you're playing on ten thousand dollars on a three to one leverage that means you're playing with thirty thousand dollars, you would have accrued losses on thirty thousand dollars which could in turn, you know, put you net negative for the Actual money that you had in your account the cash the set of cash in your account, so it can't happen with long positions, but regardless it affects short positions. I would say even more so than long positions, because you do have that infinite upside for loss right. So you can get a margin, call and they say: hey you either pay up or we liquidate your account, which is what happened to tigerasia llc and led to this massive selloff that we saw with viacom cbs incorporated now we're going to talk about this block trades With goldman sachs right, this is another big piece of the puzzle to talk about. Is they had a huge amount of uh? You know, liquidation that took place.

Goldman sold 10.5 billion dollars of stocks in black trade spree. Now what is a block trade? This is essentially, you know this question right here. It's it's. A large trade that takes place between two parties of either equities or bonds.

Equities can include securities such as stocks right, and i think this did take place. Obviously, in the market, as you can see by this article, this was posted on march 27th, which was today at 1, 24 p.m. Right. So if we just take a quick little glance over, this goldman sachs group incorporated liquidated 10.5 billion dollars worth of stocks and block trades on friday, part of an extraordinary spree of selling that he raised 35 billion dollars from the values of bellwether stocks, ranging from chinese Technology giants to u.s media conglomerates, and essentially what this is is this this liquidation? These huge block trades took place from big banks such as goldman sachs right and they closed out positions of mega mega hedge funds, who may have been long or may have been short, leveraged leveraging and needed to pay up now.

This is some pretty weird timing. This is some strange, strange, strange timing and i'll tell you why? Because we know - and i'm going to get into this later in the video that this slr may possibly be expiring on march 31st, which is this next week right and that's massive. That could really really play into the hands of what is happening here right now and uh. You know we're digging into the weeds.

This is a prediction. This is nothing that's set in stone. They may end up extending it, but jerome powell who works for the feds. The federal reserve right has not stated anything about this, yet so i'm very fascinated to see what ends up happening, but regardless that's a big piece of the puzzle, so you've got goldman sachs, who has liquidated 10.5 billion, saying hey we're covering our butts.

We don't know if you're gon na be able to pay up, so we're just gon na make sure we get our cash and you uh. You take care of your trades and make sure you're not screwing us right, so they liquidated, and this may increase day by day by day as we get closer and especially if we get hard news stating hey. The feds are not approving this. This continuation of the slr or the leveraging ratio, essentially the supplementary leveraging ratio.

So now that we've dug into sort of the the basic rundown of what's happening here with discovery, why this happened? You had those liquidity issues, they had uh tiger asia, llc that was leveraging leveraging play with more money than they had. They got margin called couldn't match they had to liquidate accounts. This this happened to crash viac, viacom, cbs's stock price right now, let's dig into this more and how this could affect the market and how this could affect amc. So when you close out or liquidate positions right, there's a couple different ways you can play this out.

They may end up liquidating your short position, your long position, as well as other positions to make sure they get their liquidity right uh. It depends on the situation. How much you're down how much you owe et cetera, et cetera, but this can play into amc and their stock price, so we're gon na start off here by talking about the feds, the federal reserve, so they have leverage ratio, exemptions that are that are in place Right now now, what is essentially saying well, this ties into that slr, the supplementary leverage ratio. Now this sort of got written into um, you know legislation with good intentions right.

This is an opportunity for banks, big banks who may be suffering. You know losses of liquidity based on what happened with kovid, what happened with quarantine all the way from march to now right we're starting to see some equalization going on in the market. There's there's there's less uncertainty, we're working towards you know reopening um, so that may be why we see this happening. My hypothesis, though, is different than that.

So i think that the supplementary leverage ratio had good intentions right, good intentions initially, but was abused, as is typical of the market. When you give people power, they will abuse that power um. I i have nothing, no, no gripe, but tom brady, but here's an example right, so the nfl they make rules all the time. All the time saying hey.

This is how it has to be, and you find people in teams who will find ways around those rules. I don't know why i brought up tom brady, but here's a good example, so they changed the ruling of an onside. Kick right. Uh onsite! Kick you you you had to the distance, they changed the distance on an onside kick well.

There are people out there who found ways to essentially kick the ball in a different way where it spins sideways, so they have a better chance of recovering that outside kick because as it sits now, it's nearly impossible. The the you know, the success percentage of recovering onside kicks has gone down dramatically well because of those new rulings. You've got teams out there who are finding new ways to go about those rulings and find new ways to recover on-site kicks right. So, with this supplementary leverage ratio, they ruled they laid out the rules right, they said hey, these are the rules.

Well, that was a weird w. That was not a george w, that's just a weird w. These are the rules right and you just have to stick within them and you got big banks out there thinking. Okay, based on these rules, i know that i can leverage, probably more than i should right and we can.

We can lend out. You know money more. So than maybe we were able to in the past, maybe you've got hedge funds out there that are able to over leverage right, there's different ways that this can be played out and this this was a win for banks. They were able to play with liquidity, to sort of make up for some losses that they were suffering because of covid the pandemic, et cetera, et cetera, et cetera right, and we know this may be expiring on march 31st.

As you know, as of now jerome powell, the feds have not spoken but they're going to extend this ruling or not so i've pulled up the the short you know: that's not the short sale rule, the supplementary leverage ratio, so the federal reserve does not extend the Bank's supplemental leverage ratio exemptions, so we're just going to dig into the first little piece of this fed reserve board of governor says it won't extend a temporary suspension of pandemic regulation due to expiration on friday major us. Banks will start next month on u.s treasuries and central bank deposits. On the other hand, we need to resume holding an additional layer of loss-absorbing capital this month, however, the fed said it would begin a formal review of its capital rules, known as the supplementary leverage ratio. Due to its concerns that did not function as intended as a result of the central bank's emergency covert 19 monetary policy measures.

The fed's decision to review the rules is a win for wall street banks. As you know, this may allow them to. You know decide to keep it. They may not.

You know, there's different ways. This could play out with long claim that there is a fundamental flaw in leverage ratios, but, as many analysts expected, it would extend the exemption. I was disappointed that i refused so essentially what this may end up doing: right: wall street banks, lending out, uh, huge sums of money to hedge funds and institutional investors who are able to leverage these. My hypothesis, this is just my opinion, based on what i've seen happen in the market.

We're gon na dig into this more because of bond yields right, so i've got other resources available to kind of back this up. There's huge shorts, unprecedented shorting, taking place in the market and honestly, i think the 10-year yields for bonds will represent that so huge shorting taking place in the market, and we can see this with other stocks of just amc. It affects amc directly and i think that's. Why you're seeing amc have such a freaking hard time uh recovering from some of the massive shorting that's taking place? I mean, if you look at all this uh amc.

Massive massive buying can't make any moves right, insane leveraging of short positions and, if you're, looking at orthotics on amc, you can see that, in fact, you have a double down on the total shares on loan. 118 million shares on loan, which is 103 increase from seven days ago. Well, this must mean that there's extreme extreme leveraging on short positions in stocks. Like amc, i think about all the squeezes that happen across the market.

There's a piss ton. It seems like every single day there's a new stock that has a short squeeze right, i'll be live streaming and someone will be like dude check out the stock. It's going nuts, it's going, nuts i'll! Look it up on overtex 100 utilization. It's got like a 300 borrow fee rate, just stupid, stupid, ridiculous shorting going on in the market.

Well, my hypothesis here is based on that information that we know there is huge shorting taking place, that's likely being taken advantage of because of the supplementary leverage ratio which may expire on march 31st. We're gon na dig into bond yields to back my my statement up right, so bond yields you what i believe based on the information that's presented to us, and this article is that there is an insane amount of shorting, probably unprecedented shorting, and it's because of this You've got a four percent repo right now uh, and what what does this mean right? So this likely means that there's a high amount of shorting three percent fail charge. So what is what is a bond field charge? It is three percent of uh in a negative three percent yield, essentially on bonds, which causes high tension, and you can equate this to essentially being like a hard to borrow stock right, because there's risk involved a stock. That's hard to borrow typically means that there's short borrow availability, there's not very many shares available to short, and it also means there's going to be a high interest rate, because there's a lot of risk involved with that short position.

That means that there's risks involved with bonds right now, so when you drop below the three percent um we're going to talk about this as we read into this article, but it's supposed to act as a fail charge. Now, if we just pull this up really quick, when we look at this, let's just dig into the meat potatoes think of it as a borrow on a stock at some insane percentage, hundred percent thousand percent et cetera. It's similar in rates. Only such mechanics takes place in the repo market and a rate of negative three percent is usually considered the equivalent of extremely hard to borrow.

Even so, never have we encountered a 10-year trading, so special it was below the sales charge. Now, what is a fails charge? We're going to dig into this here, um, clearly significant amount of shorts rolled over and now short demand has overwhelmed the available supply. There's low supply extremely high demand for short positions, the issue traded as low as negative four percent today and already traded at 3.05 negative for tomorrow. Both of these rates are lower than the failed charge, which is the equivalent of negative three percent.

Now a failed charge. Essentially what that's supposed to do is is, let me let me find the exact piece from uh from this article. I got to be honest with you. Bonds are something that i'm new to i'm still learning these as i go, but i want to give you guys solid information.

So let me pause this and just find the exact piece in this article. Okay, so here we go. Why would anyone buy below the fail charge so what the fuel charge does if you fail to deliver to a counterparty there's a failed charge equal to 300 basis points below the lower bound of the fed's fed funds target range, the equivalent of a negative three percent Repo rate, there are a variety of reasons why repo desks will cover short below the failed charge rate, which include keeping clients happy, avoiding internal meanings and explanations and internal rules that require shorts to be covered. None of this explains why the repo rate would drop to the mathematically improbable negative four percent, except to suggest that something is starting to crack in the repo market itself, which to me, is insane shorting.

So essentially, what this is saying is hey. This is a failsafe if it hits this negative three percent repo rate they have the right. Not the obligation to cover is short below the failed charge rate and they've got a platform of different reasons to do so. Well, we've seen it dropped to negative four percent.

Granted this article is older right. This is back from march 4th 2021, but still the ramifications are the same, and we see this reflecting on stock prices and i would say, the nasdaq exchange pretty much. You know to a t i mean if you look back uh the beginning of march. This is what a lot of the uncertainty the market started to begin right.

We had that sell-off. We had a little bit of consolidation, but still in a downward trend. Right, you see this downward trend. We still haven't broken out of that uncertainty in the market, which i think is reflecting on this uh supplementary leveraging ratio coming from the feds, as well as the bond yields right heavy heavy shorting taking place across the market right.

So now that we've dug into that a little bit, i think what this comes down to - and you know it relates to that federal reserve on - is over leveraging so think about bonds. Think about the stock market. Think about the the the uh housing market as a competition for liquidity right. So if the market has you know, it's really really selling off, you may see a you know: uh an opposite effect where the housing market starts to increase in value right.

You see more people start to put liquidity into real estate or bonds or what's supposed to be less volatile securities right. So with that being said, the the market versus bonds. It's fascinating to me that bonds are being so volatile as comparison to the market. That is atypical right.

You typically don't see it. It's supposed to be a good equilibrium system. Right market has a little more volatility. Maybe more sell-offs bond bond yields may change a little bit.

You know you know vice versa, but you're, seeing both markets and bonds have some crazy, unpredictable volatility and price action, which is reflecting probably my hypothesis on this federal reserve supplementary leveraging ratio - and this is where we come into this next piece right - tying these together supplementary Leveraging uh leverage ratio expiry right. Will this solve the problem? If you don't know what slr is you know, we did dig into it right here, but you can essentially think of this, as banks are out of the liquidity issues right. So if a bank doesn't have a lot of liquidity, such as what happened with the pandemic, this allows the banks to sort of solve the liquidity issues right that you, you can leverage more liquidity to. You know different people.

It's been abused here, a little bit right. So now you may be seeing some margin calls beginning. I think they've already started man. I really really do.

I think what happened here with viacom. This is just a hypothesis right. Is people see the uncertainty they see? Hey the feds haven't talked about this. This uh, you know supplementary leveraging ratio yet that slr and we don't know - what's gon na happen.

So hey here's goldman sachs. He says piss on you guys. I don't know: what's gon na happen, so i'm gon na lock in my powder man, i'm gon na lock in my cash you're, not gon na screw me by over leveraging. We are liquidating your account unless you provide the liquidity that you need, that big bank is going to lock in their their their cash right, so they liquidated this.

This uh, you know asia llc that needed to to pay up. That's what you see happen here with viacom, and i think this is just the beginning now, how is this going to affect the market as a whole and how would this affect amc stock right, let's get into the conclusion here. So if you come to the conclusion, the conclusion is volatility and i think you're going to see volatility in just not just the meme stocks but blue chip stocks right. You look at this.

You look at viacom. This is some clean, steady. You know classic stair-stepping growth like there is no reason to see this sort of sell-off. Look at this massive massive, massive, clean growth.

I mean you can't ask for anything better that that sell-off, that's not natural. That's not! You can even predict that with technical analysis, because there's nothing technical about that. This is a perfect, a picture-perfect, clean setup where you've got stair-stepping levels of support, which should act as a hold for situations like this right. It dropped all the way down to 39.91 cents and i think you're gon na see this take place with other stocks, and i think you've already begun to see it.

I think microsoft will take a hit. I think us-based technology companies will take a hit. I think palin's here will, i think apple will, i think even tesla may face some liquidity issues. I think there are some huge institutions out there who hold big big stakes in companies like tesla, and this could end up selling off.

So if you're, a short seller or you like playing, puts, i think, there's an opportunity within the next one to two weeks to plan a possible market correction and i hate spreading fear guys, i'm not that kind of guy. But i'm telling you right now. The nasdaq is uncertain. This is uncertainty with tea right.

I always say that consolidation favors bulls, but it doesn't favor bulls in this situation because we had a sell-off. You don't want to follow a sell-off by consolidation, because that is stair-stepping for a potential downward wedge right. This shows weak buying pressure. This shows weak buying pressure and uncertainty.

Uncertainty always favors bears right. So this is not what i'm looking for. I really really think you're going to see blue chip stocks and typically not volatile stocks such as what you see here with viacom selling off now. How is that going to affect amc right now? If you look at amc, i think there's some really really heavy short interest, as we as we show you guys right.

The the shorts that are that are currently being held in amc has doubled right. It's up 100 from seven days ago, it's sitting at 118 million shares on loan right. These may end up getting liquidated they might. They may not it's very hard to say, but i do think it's possible at the very least, to see some of these shorts get liquidated or closed out right and, if they're not you're, going to see it reflect in the rest of the stock market.

The rest of the stock market is likely going to go freaking haywire, you may see some massive sell-offs and i'm not trying to scare anybody. I'm just saying how it is right. There's there's some legitimate worry here and how this could affect the stock market as a whole, so margin calls you know shorts covering. I had already mentioned that i think that is potentially going to affect amc's price um.

I can't guarantee that for sure it all depends on the banks. It all depends on the lenders right how much they ended up leveraging out. Are they going to liquidate all your positions that they need to to to make sure that you're not losing more? I mean especially with a situation like amc or gamestop, or you've got heavy heavy short positions as being really really leveraged heavy short um, the the losses are infinite with all the you know the eyes on this, the trader sentiment the buying pressure. They could have some infinite losses and that could be a catalyst that drives a short squeeze in the near term.

Now i personally believe that amc is gon na, be more like a tesla squeeze where you see a repetition of shorts covering doubling down on the top uh it it drives up after it runs down a little bit. They cover again they double down at the top. Over and over and over and over, like you saw happen with tesla right, i think that's how amc's gon na play out, but in the short term i think you can see a pretty nasty push within the next one to two weeks, especially if that slr does Not get renewed by the feds, this can lead to some massive squeezes and i don't think it's gon na just happen with amc. I think amc is just one of those stocks that is, you know possible to see with, but i think there's other stocks out there.

Gamestop costs can ph uh. I i think, there's two pretty large new chinese education stocks that are being pretty heavily shorted e iq and uh wafu why that could face some massive squeezes. So what i would say is this less leveraged shorting right at the very least, with this slr gone, they may have to cover at least partially some of their short positions if they can't leverage the way that they have in the past. Some of these big hedge funds, some of these banks that are lending out extra you know liquidity, essentially they're gon na, be like hey man, there's a huge, huge, huge, huge, huge risk involved for me and at the very least, if i'm not gon na, you know, Take that liquidity back i'm gon na drive up that short, borrow fee rate, that percentage from that three percent you're looking at with amc to a hundred percent or two hundred percent or three hundred percent or whatever it may be.

This could be a very legitimate catalyst and i'm not kidding there's. No. This is a hypothesis, yes, but this is based off hard fact. I mean this is this is really crazy, stuff, guys where this could drive some insane price action for amc could drive some insane volatility across the market and guys, if i had any advice, it would be this and, of course, i'm not a financial advisor, but this Is what i've already done personally um? Is this my second portfolio where i keep all my long-term growth stocks, my blue chip stocks? I have taken a little bit off the top.

I took off about 20 for most of my long-term uh positions so that when this ends up pulling back because i think it's going to, i think you're going to see some pretty massive liquidity issues and massive sell-offs that have happened similar to what happened with viacom. Right and maybe not to that extent, but you get my my point here - i pulled a little bit off the top anticipating. We may see a sell-off and some more uncertainty in the market right. So that's one thing that i've said.

Secondly, i would say that amc very, very likely to have a massive run-up, so if you were gon na sell right out of out of you know pressure out of being scared out of uncertainty, i don't think this is the time. Okay, there is risk involved, obviously with amc. Nothing is guaranteed about the stock market, but what i will say is this: i don't think now is the time to do it, especially knowing what we know right now regarding the feds regarding this slr, you know scenario and how this may end up playing out across The market we've seen it in real life example. We've seen an example here with viacom cbs we've seen that massive selloff we saw to drop down to 48 from a hundred and 197 at a peak right.

That's an example of what is happening and how much pressure we have on these short positions that are over leveraged likely, creating synthetic shares likely play with more money than they can afford to lose. It's free for us to hold it's free for us to hold. It costs them an arm and a leg, and you can see the damage you can see the damage that it did to some of these hedge funds. So that's what i've got for you guys today.

That was a long video that took a long time to prepare. I got to be honest with you. I was not very familiar with bond yields. I've very briefly done some research on them and if i mess any part of that up, i apologize ahead of time.

That's not my strong suit, but i want to get at least a basic understanding of what's happening here between the feds and the bond yields. That shows that there is actual pressure and actual uncertainty and what is going to happen here for these hedge funds. If i was a hedge fund right now, if i was a bank, if i was a bank i'd be saying pay up, because this is getting really really risky right now, if i was a hedge fund, i'd be my pants, so that's what i've got got for. You guys today, if you enjoyed the video, please drop a like if we don't help, support the channel and consider subscribing if you like, to see more content like this.

Lastly, i'm going to fill in the description box down below for weeble. This is version 4 for the desktop great platform that allows you to start trading at 4. Am the pre market. If you use my link, you get 2 free stocks of the 100 deposit i'll receive a free stock, greater support of the channel, my friends and, if you're, not interested.

That is totally fine. I just appreciate your support by taking the time to watch my videos. I also have a link to the merch store in the description box. If you want to check that out, we've got a whole bunch of cool stuff, some uh, some mugs, some t-shirts, some hoodies uh stickers, the whole nine yards.

If you want to check that out, feel free to do so and a link to my own personal discord, if you want to check that out, it's full of a great community of investors, uh very intelligent people. We talk about long-term stocks, uh short-term stocks, midterm stocks, tax season, uh, amc, chat, room, we've got a whole plethora of really really cool stuff here, so you want to check any of this out feel free to do so. It is all available for you there, and that is what i've got for you guys today. Thank you for tuning in my friends, i'll catch you all in the next video and peace.