Hey this is tom and in case you're wondering this is the reason why everything is green. Today, all the stocks are up yesterday and today because of what you're seeing on the screen right now pfizer is basically coming out and saying. If you got the booster to get the third dose of the existing vaccine, you're fine with the new omicron variant now, obviously they'll still make the new version partially because it's economically viable to make more versions of the you know of the vaccine. Why not? But basically to their credit, they're basically saying: well, we tested it and if you got the three doses, the booster shot, a booster with the current version of the vaccine raises antibodies 25 fold providing a similar level, as observed after two doses against the original virus.

Basically that says that, as long as we can get people to get the third dose, the booster they're fine for the most part against omicron, which is really important for the way the market is behaving because it's essentially pulling the rug against the well we're going back To lockdown's theory, and that's why everything is going up, files is obviously going to go up. All the tech stocks are going to make a rally, uh, obviously carnival cruise and norwegian cruise lines and all the hospitality stocks also obviously we'll make a rally. Basically, we're gon na go through this whole euphoric kind of reopening stage, which is always gon na people over buy stuff, but in general it seems to be why we have such a green day today. Now, on other news, which is also quite interesting, tesla just reported delivering 53 000 vehicles made in china, so 53 000 vehicles which were made in china, was sold in the month of november alone.

That is impressive. What's more impressive? Is that they're up 350 from last year, as you can see right here and even more impressive, the local derivatives in china went up from 13.7 000 in october to 31.7 000 in the month of november, and obviously that's a very impressive growth that basically again pulls Drug under this whole argument that china and tesla you know the chinese, they don't like tesla tesla is losing ground in china. You have to remember. China is a big ass country and people may say well b.a.d or byd, whatever the hell.

Their name is they're selling like a hundred thousand vehicles per month. Yes, this is china. There's plenty of people to go around for everybody. There's plenty of chinese who wanted tesla.

Apparently they just two and a half x deliveries from october to november, just in china alone. Obviously gordon johnson is going to use this minus three percent. Month-Over-Month number to you know bash tesla. Again, nobody cares, gordon, you know give it a break now.

I do want to show you this. This is actually very interesting house passes bill, opening way to quick debt ceiling increase. Now i'll tell you what's funny about this. Essentially, the house just passed the legislation.

Basically, that creates a quick fix. They can raise the u.s debt ceiling by basically allowing a procedural vote. Instead of going through this entire, you know basically, look under the terms of the bill. Democrats would receive one-time fast track authority to raise the u.s debt ceiling likely by an amount sufficient to cover borrowing through 2022, essentially they're easing the process to raise the debt ceiling, and i found it a little bit amusing.

It's like basically me saying: okay, a future me don't over max your credit card and don't increase your credit card max without going through steps. One two, three, four, five right: it's like a fat person like me, you know saying well, don't go to mcdonald's. If you want to lose weight, you know don't go walking around restaurants, you know stay out of the danger zone. You know it's basically the same thing so basically now they're saying well: um yeah, so um yeah we're just gon na.

We just decided to raise the debt ceiling instead of working out the problems. Basically, you know reducing government spending and which is gon na increase the debt ceiling, no problem problem solved. Obviously the markets are going to react well to this, but there's still an underlying problem. You got a lot of debt that you need to fix and raising the debt ceiling is not really a solution, rather like a band-aid on somebody who has a bad bleeding so not going to help long-term, they actually need to cut spending.

I do want to show this stocks already back where they were before pause, hawkish tilled now. This is also very interesting. The speed at which everything went down and up. I just want to remind you all that we're still ahead of massive tapering, probably at the beginning of next year - we're also going to see some increase in rates, we're about to see a lot of volatility.

I don't want people just assuming that this is like party like it's a march 2020.. This isn't over, yet in fact it hasn't begun. So the tapering the increase of the interest rates, it's still to come, so there's a lot of volatility to come. A lot of bad times to come.

This is a nice couple of days, but i mean the problem still remains that we have a lot of inflation and fixing that is going to cost us quite significantly, and i think the stock market will remain volatile for the next few months and of course i Want to show you this crypto is a top contender for correction money. Managers say the same money managers that all missed out completely on the crypto revolution are now saying: well, it's top contender for correction. So the people who don't know what they're talking about are telling you that this is a about to correct. Basically they're saying digital assets are top contender for major correction 2022 and there's a whole article here.

But let me explain: uh volatility and cryptocurrency is kind of you know my grandpa and vodka. They go together. There's no surprises there um. When i see these old-school button-down dinosaurs, talking about how crypto is volatile and how it's going to correct.

I find that amusing because clearly the people who are commenting on this don't understand cryptocurrency and definitely don't understand where it's headed. I think that they confused as far as how crypto behavior is supposed to be. They think this volatility is bad again if you're in cryptocurrency. None of this scares you i mean we've all seen 30s and 60s.

The thing is: do you believe that crypto is the future and you believe the centralized currencies have a place in the modern economy in the future? I think they definitely have, and if you don't agree with me, that's fine as well, but i think if you do agree with me, investing in a good um kind of mix of cryptocurrency might not be a bad idea. As long as you stay away from the coins, as long as you stay away with the established coins like a bitcoin or an ethereum or even stuff within that realm, the further you go down the spectrum, the more shady it becomes. I would avoid those part of the neighborhood and, as always, a huge shout out to the channel members and opinions. If you want to check out a video, i did a few days ago about the top 10 stocks to ride out this inflation wave with it's going to be right here on the screen, go check it out and if not see you tomorrow,.