Welcome back to the channel everyone today, i want to talk about the congressman that told gary gensler to find retail investors for what happened with amc, and i also want to talk about the president of the united states, confirming the upcoming market crash. So stay tuned and let's make some money, but before i dive into the video, if you haven't already be sure to sign up to moomoo using the special thomas james, investing promotion. Not only do you get a free stock worth up to 350 dollars, and not only do you get a second free stock with a guaranteed value of fifty dollars, but you also get a third entirely free stock with another guaranteed value of thirty dollars. On top of that, so that's at least eighty dollars in guaranteed free stocks, just for signing up with moomoo and depositing at least a hundred dollars.

You can always sell those free stocks and get two entirely free shares of amc just for signing up linked in the description below and now i want to dive straight in with the key information. So here we have a tweet from president biden and as we can see, this is actually the real president's twitter account with 14.2 million followers and he said to the american people. I say this as soon as this week. Your savings and your pocketbook could be directly impacted by this republican stunt to block us from raising the debt limit.

It's flat out dangerous. They need to stop playing russian roulette with the u.s economy now. This obviously refers to republicans blocking the bill to increase the debt limit, because the republicans don't want to approve the same bill that includes the democrats, three trillion dollar economic relief package. Now, if you didn't already know, there is also a scheduled senate recess for the week of october 11th in observance of columbus day.

That's obviously going to take you to october the 18th, which, coincidentally, is the same day that the u.s will default on its debt and therefore the senate only has until october the 11th to increase the debt ceiling. Otherwise, the us will be full and obviously october 11th. Isn't really that far away it's six days away in terms of evergrande and everything that's going on with china, finance lancelot, just tweeted saying cynic holdings was just downgraded to c status, meaning it's currently defaulting. Fantasia holdings also missed its 205 million dollar bond payment today and therefore he asks who's next.

We also saw some massive landslides in chinese property developer stocks on the hong kong stock exchange today, as well. Eleven point: three percent down sunak three percent down here: seven percent down there and another seven and a half percent down there, as well as i've been saying over my recent videos, evergrande isn't going to be a single localized event: it's not going to be the only One property developer to go under there is going to be many potentially between 10 to even 50 chinese property developers that go under over the coming weeks and coming months, and therefore evergrande really is just the tip of the iceberg in terms of the chinese property development Nightmare that will impact the chinese financial sector and also the uk europe and usa's financial sector as well. Now i also wanted to talk about congressman tim scott, asking gary gensler to find retail investors and implement prison sentences for retail investors for what happened with amc. Let's take a listen chairman, i want to get to this other question because it's so important too and much has been made about game stock and reddick and robin hood and all of that.

What are you doing to protect investors, protect our security system and then? Secondly, what can and must congress do to stop this, put punitive measures, making it a felony. We got to get tough so that we can protect. Our financial system is the heart and soul, and within that it is our investment, our stock markets, that must be held away from this mess. So what can we do? What can congress do to put some strong punitive measures in to stop this fraudulent behavior with our social media? Well, um.

The gamestop events raised numerous issues, some of which are uh uh in the plumbing and the infrastructure of clearinghouses, but you're at another level about uh about whether there there was things that congress could do to address uh the challenges there. What we're doing at the sec is three or four different projects. The plumbing, which i talked about the clearing trying to shorten the clearing cycles. Two is we put out for comment uh for the public to weigh in on use of digital engagement practices and three? Obviously, my time is getting short here, but i do want to say this chairman.

I have asked my staff to begin putting together a bill that we can have strong enforcement powers, put fines in put jail sentences in make it tough. So we can will not allow these social media platforms to abuse the basic foundation of our great nation rest in our stock exchange. You and i both study that we got to protect our financial system. So i'd like to call upon you at some point to get further ideas.

Thank you, madam chairman. Now i'm sure you can see this lovely looking smirk from gary gensler, because he's obviously sat there thinking what on earth is this guy talking about? Does he really know what he's going up against now? We know that congressman tim scott is paid by citadel and therefore he's obviously just a paid shield and is willing to say and do whatever he likes in front of gary ginsler. Basically, whatever ken griffin tells him to say, he'll say i think tim scott is absolutely clueless because, as gary gensler has said multiple times over, it's not social media that contains those bad actors. It's the hedge funds that contains those bad actors that are manipulating the market.

Now you may have heard of camber energy ticker symbol cei. That's recently been spoken about a lot on social media. Obviously it ran from around 50 cents all the way up to four four and a half nearly five dollars a share. Now today, there was a short seller that established a short position in the stock at around three dollars and then released multiple hit pieces and multiple short reports on the stock, which gained a lot of media attention and the stock failed dramatically.

This is quite literally the reverse of a pump and done scheme or is basically the dump part of the pump and dump scheme, but somehow it's not illegal for hedge funds and short sellers to make up these clearly false reports to crush stocks. But yet it seems to be a problem when retail investors just talk about the stocks in a truthful manner. The short sellers report was very, very quickly dispelled as being entirely non-factual and the short seller even went on a live stream and said sorry guys. Sometimes we get things wrong, but yet still managed to profit massively from this short position as the stock was down at one point, around 60 70 percent on the day, and now i also wanted to talk about user of intellect's new discovery and how we can beat It market makers and hedge funds can ensure a stock with zero shares available and a hundred percent utilization within a t2 settlement loop.

I use the computer model to test it and the profit margin for such practice is insane player. A sells synthetic shares in lit markets or lit exchanges and has 2 days to settle because of t plus 2. player b, offsets it by buying those synthetic shares in the dark pool before settlement and before the end of that t, plus two periods. And obviously, we know that when buy orders go through the dark pool, they don't really get impacted on the lit exchange price or not, at least until after the market is closed, potentially and therefore those two short sellers can short in the lit exchanges.

Dropping the price and then buy them back in a dark pool effectively, not impacting the price too much. They repeat the cycle indefinitely until the price is significantly lower, it's hidden, seemingly legal, and so it never goes through the exchange. This is how billions of synthetic shares have been created. We need to focus on t0 or buying direct to exchange and not through your broker.

That has two days to settle. Gamestop and amc are the biggest challenge to this practice. What you may consider, fibonacci retracement, is correlated with t plus two settlement more to come and coach scott asked wide. So how do we defeat this practice and why it says, force the price to move up when you buy effectively don't buy through the dark pool, buy directly to a lit exchange order direct to the nasdaq and the new york stock exchange? If you don't want your orders potentially manipulated and we've also got the dark pool guy here talking about the dark pool and he said, amc crossed the zero dollar threshold in dark pool liquidity on monday, leaping from negative 188 million dollars to positive 190 million dollars.

Dark pool position last cross zero dollars on may 24th. One week in advance of the 100 day. Let's go apes three out of three previous crossings of zero dollars in the dark pool. Liquidity are centered around the major parabolic upswings in price, and we've also got the governor of illinois, saying that ken griffin is a liar.

He lied to congress last year and he is lying to chicagoans now and finally, i wanted to quickly touch on bitcoin and cryptocurrency. As well as bitcoin just hit 50 000 and 51 000 today, as well as bank of america, says, cryptocurrency is just in its first innings bitcoin has returned to the psychologically significant level of fifty thousand dollars as analysts at bank of america talk up the prospects of Cryptocurrency the rally comes after a downbeat summer for cryptocurrencies regulatory crackdowns on exchanges and other crypto companies around the world hurt sentiment. There appears to be no obvious spur for the recent rally. However, comments from us federal reserve, chair, jerome powell signaling he doesn't plan to regulate crypto, may have helped sentiment.

This week, analysts at bank of america also published a supportive note on the space the bank said. This was only the first innings for cryptocurrency and said the digital asset universe is too large to ignore. We believe crypto based digital assets could form an entirely new asset class analyst stroke. Bitcoin is important with a market value of 900 billion dollars, but the digital asset ecosystem is so much more our views there could be more opportunities than skeptics expect in the near future.

You may use blockchain technology to unlock your phone, buy a stock house or fraction of a ferrari, receive a dividend, borrow loan or save money, or even pay for gas or pizza bank of america. Cautioned that the big risk to its thesis was regulation of the space. China recently declared all cryptocurrency transactions illegal and other watchdogs around the world are angling for more oversight of the space. I think it's obviously good news that jerome powell isn't planning to regulate cryptocurrency and from what gary ginsberg has spoken about as well.

He doesn't really think the majority of cryptocurrencies are a problem. There's just a few odd outliers bitcoin has also recently broken out of its bearish channel, even considering the overall market position. Therefore, bitcoin and other cryptocurrencies could be a very, very good hedge against a potential stock market crash, guys be sure to. Let me know down in the comments below what you think about congressman tim scott, telling gary gensler to fine retail investors and also, i wanted to say a massive massive thank you to everybody that watches right to the very end of my videos.

Many of you noticed that my last video that i posted last night cut off abruptly. I didn't realize that there was a problem with the edit and i should have gone back and fixed it, but didn't realize by the time i'd already posted it. But thank you for so many people pointing it out because it really fills me with confidence and happiness that so many of you watch right until the very end of the video. If you haven't already then be sure to set up to moomoo using this special thomas james, investing promotion and as always guys if you enjoyed this video, be sure to check out some of my others.

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