You know it feels pretty wild to say, but uh. This is really happening. Wow. I am 24 years old.

I turned 25 in uh june june 21st of uh 2022 and watching and being in the first recession of my lifetime, watching the first sort of uh government, regulated sort of uh rug. Pull of my lifetime is very weird to see uh. I don't know if there's anybody else out there in their 20s that feels similar feels that exact same way, but it's crazy to see guys. We got a lot of talk about.

We got to talk about inflation, we got to talk about luna, uh, a stable coin. The third largest stable coin in uh the cryptocurrency market getting rugged and how the market's looking, because we have a lot of new things to talk about. We got spy under 400, which is ultimately bleeding off into things and amc uh equally feeling that pain. So before we get into that, what is up? Everybody welcome to trades trades, really freaking talk fast.

It doesn't classify my seminar, but i'm not a fighter 500 experts. So tell me when i say the grain of salt: let's get into the video, we got inflation data and in yesterday's video i was very straightforward. I was very honest. I said uh.

If inflation is this, then that i gave sort of a bullish and a bearish scenario and the market tried its damnedest, it's right. It's it's absolute hardest to give us a bullish scenario and just did not have any juice. I mean really. What happened is uh.

We stepped up to the plate and they tried swinging at a ball that was coming straight down the strike zone and instead they just hit themselves with a nut sack, and this is really what you got. You got the price in right here: 8 30, ish uh time for the spy. Huge price down moves back up, tries to recover off of some of these levels and just really can't do it. I mean it's just too weak.

You get this nice bounce back up. I thought that you would see a bounce to one of these trend lines, which is why i've got them drawn out here. These falling levels, uh downward pressure, downward pressure downward pressure downward pressure. It tapped right here tap the top of this line and immediately reject it.

So really what you got out of the spy today. Uh was bad bad juju, just no strength, and it really did try its best. I mean look at this on the one minute: five minutes or the 15 or whatever you want to look at it. Just not enough strength, it farted up this head and shoulders head shoulder shoulder neck broke the neck sold off for the entirety of the day and closed at 392, and this to me, uh is bad.

It's bad news, because, if stagnation of inflation is not enough, what is this telling us about the way that people are looking at inflation? Well, you can kind of look at it at a couple, different lights, you can think to yourself. Uh people think inflation is worse than is being talked about. I would probably be one of those people. You look at an apartment in new york city from 2000 uh, not 2.

000 1920.. You could pay 60 a month to get yourself a an apartment right. You want to take the bare minimum, the absolute bottom of the barrel. I mean you're, looking the the bread crumbs off the carpet when you're eating it.

During the day, you get a one bedroom apartment in new york now for about two thousand dollars, and this is as cheap as they come in new york city most if you have uh a two family sort of set up to uh, like a like a parent And a kid right: two bedroom you're, not in that ballpark, that is 3.5 year-over-year inflation for the next 102 years. It's just more than the the goal of the fed and realistically, what is probably being reported uh. So i could say that could say: hey. Inflation is probably worse than is being reported or two.

It says that nobody has faith in the fed and to me that is also a viable option. You sort of look at the way that the fed uh has handled this entire situation and they flip flop. Flip flop, flip flopped a million times and really the the counterwave of that has just been trying to ride a lot of turbulence in an airplane. You know you're getting on a sailboat and there's all these waves that just keep coming and coming and coming i mean bullard from the fed, just came out and said they don't think there is a high risk for a recession right now in the united states.

How long was it before when they said a recession is very likely what the changed in the last week? I don't know nothing that i could personally see, but here we are nonetheless right. We got that flip-flop flip-flop and to me people don't like it. People don't like the flip-flop, and on top of that you know if, if you really wanted to rub some dirt in the wound, luna stepped up to the plate and said hold on boys. Listen all right! You thought that the squid coin rock pool was as bad as it gets.

Oh, no guess what it can get worse and luna rug pulled almost all that it had in a matter of a few days. Look at this here on the right side of the screen. You can see a market cap and usd on the day. 25 april 2022.

There was a market cap of about 35 billion dollars in the matter of about a week, and the majority of this coming in one two, three, four five, six seven days you watched that evaporate thanos snapped into the dr strange multiverse of madness man, i mean it's Down to 269 million dollars evaporating 95 of its value. In a matter of days i mean i was on twitch yesterday right, i was on twitch yesterday and i drew up this because when i called it was a limp dong, it's the limp, dom pattern. You can see like the nuts here right and it's just kind of hanging, and this is where it's stopped, where the tip is obviously, and now it just looks like it's shooting, uh, shooting blood, maybe you're, passing a kidney stone or something but luna just said laughing. It was just laughing and uh and gave you some nice, big fat, fried milk man and pulled itself and the reason i want to talk about this in the first place, i'm not going to dive into the mechanics.

I don't want to pretend like uh. I know who the culprit is, because i see people saying it sit at all. I see people saying it's blackrock. I see people saying blah blah blah.

Nobody knows yet right. This is all speculation. This is all hearsay, whatever uh, but what we do know is that this is a form of fraud and that bitcoin was involved in this fraud and if the third largest stable coin in the united states, uh cryptocurrency market, can get rugged like this. What can't get rocked, if you can't trust the united states equities market, if you can't trust the cryptocurrency market, if you can't trust real estate, as history has shown us? Where are we at, and that leaves you in a situation where you really realize how sort of dire the markets really are? I mean? Obviously people can make money, you see it happen right, retail investors uh make make ends meet, they do whatever they make good trades.

They get into good buys and they hold in the long term uh, but in the middle of all that long term, and i think why long term uh almost always works is because of things like this. You know situations where regulating bodies which are paid primarily by taxpayer money, don't regulate the taxpayer money. You know if they just allow uh these sort of situations to take place where we have an eight point. Three percent uh year-over-year inflation, as i uh as we can see on our screen right here april, was eight point three percent, where we have the fed uh pretending that inflation doesn't exist for an entire year, where you have billions of dollars just being wiped out of Existence i saw something on twitter today, uh that in 2022, uh retail investors had lost in the realm of 20 trillion dollars that 20 trillion dollars of value from the markets have just disappeared and then, obviously, not all that's retail investors, but a big chunk of it.

Uh certainly is, and it's got weakness so, where do i think, is the future from here right, where, where is the spy going sub 400 bad, bad, bad, bad, bad, not good, it's uh is that is an ugly thing to see this rejection right here really was Hoping you would not see that uh. I really wanted to see it come up, maybe up to this fib level, because we've seen these sort of volatile days, especially right now at the market, the way that it is, but not enough strength, just not enough juice uh. In the gas tank right now and it uh it broke and where i think it's gon na go from this break 380., you know 380, which is a 382 fibonacci retracement. I'm taking this from the bottom of the coven sell-off back from march of 2020 uh you've got potentially some life here.

I think it'll continue to sell off down to that 380ish mark probably get a nice bounce off of it. We will see uh, but every every pop in the market right now, every nice little rip, i think, is gon na be followed by a fade. You know i talked about this yesterday, but you look at tesla having great earnings and selling off pretty much immediately after you know what is this what's causing this? We already know pops and fades no matter how good a company is. I remember this from the wolf of wall street when i interviewed him, he said in a bear market, nothing survives and i'll finish off with uh.

You know uh this. You know i'll talk about amc's levels, but in a bear market. Nothing survives what he meant by that was in a bear market. Everything gets hit, everything can be sold by fear and that's the narrative that we're seeing across the market right now.

This is affected. Amc the exact same way. You know you look at amc right now. It broke a really significant technical level, so to top that off, this narrative is certainly being put into effect right now by uh short sellers market makers, whatever it may be and uh for the time being are pumping it down.

You know currently holding at ten dollars at 37 cents. It's trying to hold this first little blue line that i marked off here on the chart. 10 is a a huge huge psychological level for amc and, while the bear market's, in effect, there there's two ways that you can look at uh, amc or any stock. For that matter, uh, you can look at it as holy.

This is, this is selling off into the shadow realm or two uh. I cannot control this. Bear market, there's bigger money than me at play here, and i have to try to absorb fear. While it's pricing it, that's really it.

You know we got to look at these levels if it doesn't hold this you're. Looking at 890., that's what i got marked. That's what i got mark guys and uh, it sucks to say, but i think there's just more red in front of the spy. It's too weak too weak.

Wasn't a good enough reaction, couldn't break that continue to sell off, and so we have to stew in the of uh of the bigger boys ahead of us. So give me one sec. So that's that you know we live in a crazy market, and that brings me to my last point actually, my last point - and this is how i drive at home. We live in a really corrupt market and really bad system where you can rug, pull billions of dollars of value and defraud, potentially millions of investors out of luna, where you can defraud people in squid coin, where you can uh have market mechanics that allow for naked Short selling and eighty percent of a stocks volume, the trade are exchange where you can have the fed put you in a situation where the entire market is in their hands and not yours.

The people who put up the money. You know our market is sad twisted. It's gotten pissed on beat up and every single time you take it. Retail takes it, we all take it and the solution to this is not going to come from the people.

Above us, it's going to come from us us at the bottom of the pyramid, because at the bottom of the pyramid is the most support and if that crumbles, everything from the top comes back down. Dave lauer has been working on something for a while. Now it is we, the investors and i tweeted this out. I am going to be partaking in something that i think is really important and really cool, and i want to drive this home because of how important i think it is.

Jay brown has uh organized a space call, it's called retail day. 100K all are welcome and what he's trying to do is get a hundred thousand signatures on dave lauer's. We, the investors and the goal of this the goal of this uh this documentation. This hundred thousand signatures is to get it in front of gary gensler's eyes to put it on his desk slap it down and say: listen.

100. 000. People think that there is a problem with the way that the stock market works, with the way that you govern and regulate the stock market and allow situations like these to exist and i'm going to be live streaming. It it's coming on.

May 21st 9 o'clock am i'll, be live streaming that until we hit 100 000 signatures, if it takes one hour great i'll stream for an hour if it takes a week great i'll stream for a week, this is something that we can tangibly do. We can tangibly control, we can tangibly change and nobody else is going to do it for us legitimately. You know i'm passionate about this stuff man. I think - and i have thought for months since i've been here a year and a half that retail investors have the power to change the market and right now it might not feel like that, because the bear market is here.

It's here we're entering a recession, we're in a recession frankly, and there's a lot of pain and fear, but nothing's changed about retail investors. We can still change the market and hopefully this you know helps what we just talked about. So i hope that i'll see you guys there i'm going to talk about it more in the future and that's what i've got for this video so appreciate you all and be live streaming on twitch after this hour of stock talk, ask some questions. We can go over some data.

Go over inflation, go over some charts, whatever you want to do, uh twitch.tv anti-juicer, it's also in the description box down below. If you want to check it out, appreciate you all catch on the next one as always: much lovely taps and peace.