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hey everyone meet kevin here this is the first time ever that we've talked about futures but folks this is probably the most important time ever to talk about futures the futures market is obviously one that gives us a suggestion as to what might be happening during the next week coming up here it is sunday it is uh just past 6 p.m eastern standard time and folks we can go ahead and look at the futures board are right now so we're going to go ahead and take a peek at this and then i really want to talk about my expectations for this week and how they compare to my expectations for this week that i had last week so uh these these are the american futures right now we've got the dow actually climbing up pretty nicely right now in the futures market let's make this a little larger here there we go uh so we got the dow up uh 211 points the uh s p 500 24 points nasdaq up 68 points so about a half percent on everything here uh which is pretty exciting it's it is nice to see green we did just obviously have the massive 1.9 trillion dollar stimulus package get passed in the senate there's pretty much nothing left to stop this stimulus package from going through the biggest hold up was the senate the fact that we got the stimulus package passed in the senate pretty much guarantee almost we knock on wood but pretty much guarantees that the stimulus package is going to happen uh and this is one of the catalysts that we had established on this channel for the market this week in fact last week i put together a few videos and mentioned the catalysts that we want to look for going forward are simple we want to look at either the fed i'm coming out with a decision on a rule that's expiring at the end of this month they have not yet but that's okay uh and or rather or we want to see this stimulus package get passed and signed now we were expecting this to have being you know more of like a march 10th to march 14th event the senate actually slam dunk this bill way sooner than we thought which is actually a good thing and things are kind of starting to rally on this it's almost like the last you know since february 19th we've really had this market sell-off because it's almost like the market was feeling like oh maybe the stimulus plan won't happen but at the same time we might see inflation coming right i don't know that the market was really pricing in or or like the good news of this stimulus package happening that is i personally think there has been so much fear about oh my gosh inflation is coming it's coming it's coming that fear would be here whether or not this 1.9 trillion dollar package passes i know that sounds crazy but the market is crazy too it works a very mysterious way but i i feel like this sell-off we've had the last three weeks was really the market saying big inflation's coming the stimulus package seems uncertain democrats can't figure it out we got his disaster everything's falling apart everybody's cell it's kind of what it's been feeling like instead you know here we go the senate passes the stimulus package which the federal reserve one of the presidents mr ballard president ballard over at the federal reserve he thought there was only a 50 chance of this package passing on wednesday and i'm thinking myself bro how are you at 50 like i've been at 80 confident that this package is happening i really i think that was almost a sign that a lot of the market was pricing in the bad but not the good and i don't know it's debatable how good the stimulus is right uh obviously there are concerns over it but the point is at least in the short term we do expect the stimulus package to have a very positive effect not only do we expect poverty to plummet in certainly the demographics of those making under thirty thousand dollars a year uh but we also expect to see a substantial boost in spending uh could this lead to inflation maybe obviously we'll see the fed doesn't think so but i think now that this package has passed the worst is priced in the good i don't think is really priced in yet i'm bullish on this week it's one of the reasons i went so heavy that as i did last thursday and friday now you know i wish i could like have flipped how heavy i went regarding thursday and friday but you know hindsight is 20 20 right when you're there and you're buying the dip you don't know like is it gonna go is it gonna go lower tomorrow you never know but we do also know that there is a weekend catalyst we talked about this last week the three catalysts that we thought were coming was the fed the stimulus package maybe inflation data and jobs data but that happened last week and kind of happened the way we expected uh and uh and also this this weekend catalyst where you know the weekend comes and people kind of ah you know wow look at how cheap everything is i mean remember some of the stuff that we wrote down on friday and obviously we won't know what these stocks are opening up for uh you know for another you know until 1am my time so what is that we've got another six seven six and a half hours here to go before we know what some of these things are actually going to open up for in the pre-market but i mean you look at uh ghvi frx go ev cciv end face expi xping motors neo tesla unity palantir these are companies that have insanely sold off i would not be shocked to see these substantially green here on monday now the big question obviously becomes okay are we going to have a monday rally and then you know a crash again that's literally what happened last week right i mean think about it last week we had the same thing happen we had a big big big rally on monday a really good rally on monday and and then basically the market collapsed the rest of the week and part of that had to do with with bots now i personally think based on what we saw on friday we're starting to see a breakdown of this connection of how the uh of how the market is responding to bonds and that happens now let's see if i can pull the uh if i could get 10 year futures here if somebody knows how i could pull this on the bloomberg terminal that would be freaking awesome but i'm pretty sure it's under fixed income trading so i will look in the meantime but i'm i'm bullish here let's oh here we go 10 year future uh i'm going to try to open this up let's see if i can get this up all right so while this while this pulls up then it'll make it too easy okay well i'll get to the bottom of it but we should have uh treasury futures coming up here as well so i will get to the bottom of treasury futures but uh yeah i i'm bullish and bitcoins at fifty one thousand 000 which it's interesting bitcoin kind of sold off a little bit not dramatically but kind of sold off with the rest of the market over the last two and a half weeks so part of me has you know i plan to release some more videos on this with a more clearly defined uh thesis here on bitcoin but part of me thinks you know so far bitcoin has either kind of been tracking the market or leading the market a little bit with some of its moves the fact that bitcoin's up at 51 000 right now is a good thing it's a very very good thing uh you know i know there i was talking to some folks uh yesterday and even just over the last few days i know there are a lot of people in in feeling a lot of pain right now in the market and feeling kevin we gotta get out we gotta sell it's totally natural to feel that but i think it's a big mistake i think the best thing that we could do is really stay invested in times like these i don't have the 10-year future chart yet maybe somebody else has a way of finding the 10-year future chart uh bloomberg doesn't want to show it to me yet apparently who knows maybe it'll come up later but this week if if we see a big green monday and we don't see a sell-off going into the closed monday that is we see you know maybe by big green i mean maybe we see five to six percent green on some of the stocks that have sold off heavy you know maybe tesla back to 650 or something like that uh and we maintain that throughout the day and it's a little tenuous like okay like when is the sell-off gonna happen again right then we roll into tuesday and if on tuesday we get another green day i strongly believe that institutional investors are going to be watching this market like a hawk and they are going to say hot damn there are some killer freaking deals right now in this market do remember that institutional investors are all about trying to react quickly they believe there's a bottom they'll come right back in now there is the fear that oh what if this is a bull trap yeah you never know obviously right but one thing that i can say is the number one thing i remember and i'll never forget this my entire life the number one thing i remember in march of 2020 was every day i was buying there were for every purchase i made there were 10 people saying or you know i should say the numbers don't align here very well i should just say for every person there was here for every person who was publicly saying in the comments they were buying in march and april there were 10 people going bull trap big mistake big it's just getting worse we're just getting started and i'll never forget how one of the reasons back in in uh march in march i didn't go into margin i had zero margin in march and i remember looking at my account like this it feels like i'm at the bottom i spent all my cash because i was buying it like crazy right so i was buying that march april period i refinanced properties i threw all my money into the stock market there march april of 2020 i think my refinance is closed like march 27th april 3rd somewhere around there so really you know good timing but i remember looking my portfolio like ah i i could pull out margin like if this is the bottom i should pull out margin but i remember letting those comments get to me but just a ball trap it's going to go down again it's going to get worse it's going to be a big double dip and and generally you have to have a lot of fear to get a real big double dip now sure there are plenty of charts like individual charts on individual stocks where you could identify bull traps and who knows maybe we are in one but i like to say never squander red buy and the big thing that i took away from march and april was when there is blood on the streets and people are panicking and freaking out and people are telling me don't invest heaven into usually that was a sign for me that sentiment was so negative it's actually the perfect time to invest who knows you know the the when i you know when i get suspicious is when when you do uh and and this happened with cciv okay it actually pissed me off i didn't i didn't really talk about it but it was something that was pissing me off and it's one of the reasons i didn't buy any cciv after my initial purchase until it crashed it one of the issues that i had was cciv kept going up it was like five percent five percent ten percent ten percent it just kept going up and up and up and up and one of the problems i had was anywhere you looked about ccav everyone in the comments in forums and discords public sentiment everyone is like why would i buy any other stock let's just buy cciv it'll be up 10 tomorrow those are the times you want to be careful when everybody else is like it's a sure thing can't go wrong here y'all know i was the i'm pretty sure i was the only youtuber saying just be careful if they change the valuation on us this stock gets bloody the only person to say that and i got a lot of hate for that too a lot of hate people are like oh for somebody who i'll never forget this one either for somebody who supposedly invested 500 000 and lucid you sound like a bear this is something that effect it's just uh so that's one of the things obviously looking at sentiments like that it is it's harder to quantify you could use sentiment trackers uh but that that is a reaction i have people are telling me oh bull trap don't invest don't invest don't invest usually i like to invest and when people like oh i can't go wrong let's go that's usually when i don't want to invest so keep keep some of those things in mind okay so when is the chamath interview oh man we got a joker here uh yeah many of you who have been watching my live streams know that together we tweeted chamath on friday about uh you know what why he sold completely out of virgin galactic now i uh you know i am always interested to to listen to people's perspective and the dialogue i have people on my podcast that have completely different views than i do about things but i'm fascinated to listen to anyone's perspective because i think there's a truth in what like there is an average truth in everything somebody is saying right like there's there's something in people's brains that like you get a little bit of truth from everyone like there's not one person that has all the truth right so i always like talking to different people so i i thought hey like let's tweet chamath and this is something that we had i remember we were chatting about this in the live stream last week and and i'm like oh should i tweet your mother is this too harsh and you know i think we all took this point of view that us asking chamoth why he paper-handed was obviously a joke you know that we're just kind of like being playful like hey man like would you buy like where'd you put the money uh apparently he took a serious offense to that uh sorry mr twitter and i mean look twitter's uh twitter's on minefield i mean there there's some pretty nasty things people say about other people on twitter uh it and and chamath has not been exempt from that right he's he's had some pretty harsh things to say about people on twitter so i thought ah come on playful why'd you paper hand space can't hurt nope got blocked so yeah i don't think that interview was happening so but anyway okay so futures market uh has anybody figured out how i could can somebody in the comments let me know how i can pull up the treasury futures because you know you'd think bloomberg would let me do it uh but uh i'm apparently not able to figure that out but i do want to see what the treasuries are doing even though i do think we are going to see a disconnect this week we already saw it towards the end of last week we already saw achievement unlocked uh we already saw the relation between the 10-year and the stock market fall apart last week so last on friday we had complete correlation between the 10-year and the stock market which is very very odd uh market watch yeah i tried market watch let me let me try to get market watch 10-year treasury let's go ahead and take a peek uh so i don't know that this is really going to guide us i don't know i don't know if this is actually updating here or if this no it's see even marketwatch is stuck at the previous close where do you see that jay the 1.6 yeah we'll figure it out anyway so this week i'm excited so what am i looking for this week all right so i pretty much i spent the vast majority of money i have i have a good chunk of money available in cash and this is actually a conversation i had with lauren the other day uh we were talking about how much margin we have which obviously when your stock value plummets if you're at let's say 20 margin but the value of your stock plummets the the outstanding percentage of your your margin as rel like a proportion of your portfolio obviously goes up so you know i think we're like at the the pit of last week we're probably like 47 48 margin i mean friday was interesting when a fat fat dip i mean i could have probably been over 50 margin for a period of time there uh and so we were talking about hey like one of the reasons we've got a chunk of of cash that we've saved just from other income or from some of the sales that we've done stock sales uh when we when we sold stocks before february 19th uh was was just so that we have that in the event we we get a phone call going hey margins calling you got to pay down a bit we would want to be in the position to be able to do that so that's one of the downsides of margin is you got to be prepared and have sort of i like to call it multiple break glass layers so somebody here mentioned slash tn is the 10-year treasury future travis let's give it a shot uh but let me exp ain that really quick this multiple break glass thing just really quickly for me multiple layers of breaking glass means look if if i'm at 20 margin and the market sells off to the point where i get a margin call i'm i'm going to have backup strategies the first thing i'm going to do is whatever cash i've had uh is is going to go to to pay that decline to try to clear that margin uh that could mean buying buying additional securities in a dip in a margin account which you can do i mean like if if i get a margin call and i buy a bunch more securities and something i can margin yeah but with cash then that gives me a larger account value relative to the debt i have and i can offset a margin call by basically providing them more uh collateral so cash is obviously the easiest break glass the second thing that i always like having which is one of the reasons all you should own freaking real estate should get a whole course on buying real estate so you can actually get a good deal everybody should have a home equity line of credit and ideally your home equity line of credit is max value but low draw to no draw so for example and i got to update my homework realign credit because i'm not at max value online but i've got a 125k home equity line of credit and then like another i don't know 150 160k and business lines of credits which you could do with business as well so i have somewhere around 280 to 300k in credit lines that would be another option for me i keep those purposely paid off so that way if i needed those as a way to to buffer me on a margin those are another like emergency brake glass right in a margin call and then the third phase of battling a margin call is in my opinion trimming stocks that have fallen the least so those would be in my opinion things like apple and amazon you know those guys might be down 10 to 12 percent they don't hold a candle to the loss that tesla has seen of like 33 34 right but i wouldn't want to sell tesla on such a depressed level so that's that's uh usually a quick uh quick sort of outline there okay so somebody says tn slash tn where where would i type slash tn uh let's see 10 tn no that's not something that comes up maybe if i type in treasury future treasury future um future tenure okay maybe this would t t y a is that going to do it i have no idea a lie chart i'll try i'll try let's see i really do would i would love for the treasury future to show up but i don't think i'm in the right place for this uh margin i think you all just just writing things uh zn is the main 10-year future that i know of okay uh okay hold on a second here we can actually so here's t-y-m-one this is the ten-year note and uh so this one if i go back over three days and i'll try zn in just a moment but take a look at this i'll share the screen here this actually is looking pretty good for us if there's any leftover linkage here so we on the fourth had some big spiking here let's go back let's go back a month here so this is the last month i think this might be on a specific bond though huh 10-year treasury no because i don't see that particular spiking that we had here now this particular node is declining so i'm not sure which this one is i'll try zn as well but this particular one has declined a little bit let's try zn but that could also be pricing which means the yield would go up i just i'm not familiar enough with with these bond futures to be able to find it it's the end i've no idea what i'm with zn either so anyway usty yeah yeah us tenure if i take this in i just don't see the futures just don't load yet on this line chart this is where we usually look at the 10-year yield but this is stuck at 1.56 and it's supposed to show me the futures right here see like at least the clock starts right here but we don't have those yet so i just don't know how long it takes for this to actually show up uh but anywho so okay so that's that's at the margin break last plan what about this week like am i going to add to the market this week uh well let's take a look first here it looks like the dow has has settled down the tiny little bit we're at about 210 uh oh those are thinker swimsuit tickers okay uh we've got uh futures on the dao up about point six six percent s p about point five seven percent nasdaq up about a third not as high as we've seen this this was a little higher just in the uh probably does charge me extra money for futures uh yeah probably an extra setting it's a chart element i believe hmm okay i'll play with that uh but yeah i i mean if this week we see a really nice if we see a really nice green monday i don't know that i'm going to buy heavily tomorrow if we see green again on tuesday that might be a sign that maybe we're turning the corner now obviously if that's the case then it would make more sense to have bought on a monday than tuesday right but i am tempted to take a little bit of the cash that i have set aside as sort of a piggy bank break glass and emergency and potentially buy some stocks that have gotten cheap and there are a lot of them you know i mean we mentioned them up i mean a lot of these oversold stocks neo under 40 it's ridiculous let's just look here really quick so this is weeble obviously this is updated as a friday we don't have uh what things are going to open for tomorrow yet but look at this neo 38 freaking dollars are you kidding me it's dirt cheap g-h-a-v-i matter port 14 relatively cheap not as cheap as a dipped but but relatively cheap frx here's another one frx 12 dollars i mean this this was so high flying and and there's so much excitement around this with the disney executives my gosh at 12 this is dirt freaking cheap like how could you not be buying right now and you know the worst thing in my opinion that you could do in a situation like this and this you know this is just something to keep in mind for everyone okay the worst thing in my opinion that you could do in a situation like this is panic sell like a palantir or a tesla that aren't going anywhere panic sell those and then turn around and buy uh some kind of index fund like buzz which which you know buzz tracks an index uh or some kind of exchange traded fund like uh an s p 500 index fund why would you why would you sell something that fell 33 and buy something that fell maybe five percent right like what okay so maybe that the index fund will go back up five percent but then but then you the other stock you sold off goes up 30 like what why uh it's not it's not something that i would encourage doing i mean personally i'm not encouraging selling at all like i don't care that my portfolio has had a big down arrow obviously it's more enjoyable when there's a big green arrow but i just don't look at my portfolio value i'm looking at oh my god neil under forty dollars this is freaking dirt cheap and face i'm pretty sure this thing's under 150 i'm like come on man like i buy that thing at 190 because i think it's a good deal at 143 i just feel like i'm the i'm in a mask and and i turn the corner and and i got the eyes coming out and and the jaw dropping you guys have seen the mask everybody you've seen the mask right come on i know we've seen the mask here hold on let's do it the mask eye drop or jaw drop is probably the more yeah yeah i mean this is something like this that would that would work that's this is what i feel like uh right here when uh when i see some of these levels okay like why would i sell i am so excited to be able to see the deals uh like what uh you know selling is is what you should be thinking about where like if you were wanting to sell when things are euphoric but uh yeah bitcoin is by the way rallying right now we've got uh you know we had a little bit of a sell-off about three hours ago so we're kind of returning to levels that we had but uh over the past month here obviously we're still down from the highs we saw fifty seven thousand dollars but i'll tell you the bitcoin research that i'm doing i'm very bullish uh you know i'm not adding to bitcoin right now because there's so many uh so many of you know what we need can somebody send me the sound effect for this that would be cool we could like we then we could do our sound board like we just need that right here you know something like uh man but but like yeah anyway um one of the reasons i'm not adding to bitcoin right now because why why would i add to bitcoin when everything else is der cheap it doesn't make sense okay so somebody sent a super chat here asking about robinhood margin versus other brokers you know they finally dropped their margin rate which is much better than than what it was uh you may be part of an etf without knowing it oh a social sentiment etf cool so so what like uh like they they determine is is kevin drinking beer on the live stream versus not cameron diaz was in that movie yeah yeah absolutely uh so let's see here dogecoin is up yeah very very bullish on bitcoin but at these prices i i'm not uh i'm not going to squander the cheapness that we have uh paypal just confirmed they are incorporating ether freaking awesome i mean the future of bitcoin and ether very very very excited about them uh somebody says check cnbc are you in are you saying that in reference to the uh to the 10-year treasury or what a australian shares jumped 1.7 percent in early trade in fragile market uh i can i find out can we i've never looked at this before but let's pull this up is there a way well i mean i was gonna say we could look on on bloomberg but uh interesting let's let's see how australia is trading yeah so let's go let's go down to five day here did i accidentally zoom in too much yeah apparently all right we'll just have to refresh this there we go okay so what do we got here so we're let's go down to one month okay so this was feb 20 i think in an interesting market here very very kind of sharp ups and downs here in australia i don't know anything about the australian market so you know maybe this is not going to help us at all but uh let's go to three months yeah see they don't this doesn't really track the way i feel like our our individual stocks have been trading because we did have our sell-off on the 19th ah they are down from the 19. okay you see that a little bit here but then again our s p 500 isn't like it's exactly down like hardcore this it's not like we've seen the s p 500 fall off uh s p 500 i'll just put stock i know it's not a stock but it's just an easy way to pull it up uh let's let's look at how this feels yeah i mean so if i go to like the one year on even the s p 500 like you're you're not seeing that kind of pain the individual stocks in the tech sector are right so uh not not such a terrible surprise not terribly surprised bitcoin to 70k by april yeah i believe that it's uh yeah i do believe that especially since we've got so much enthusiasm around the potential for inflation but not just the potential for inflation which i do think will pump up bitcoin but also just how mainstream not just bitcoin is going but even nfts and and the uh amount of money that's flowing into these uh dd dd crew where where are you seeing the 10-year treasury future let me i'll just try a google here 10-year treasury futures uh it'd be nice 10-year treasury futures oh okay maybe this is easier than we thought so let's see if they actually give us something that's dated today so six months can we get to today no see i don't see today i see the fifth so even though maybe the futures just aren't open yet on cnbc i get on cnbc cnbc tenure uh last time i checked here oh they did start showing it you're right okay here we go did they though fine let's go to five day i don't know like even the chart right here no it might be maybe it's just not charting but maybe they're they're showing the uh they're updating the future price here without updating the chart that could be uh the timing's right you know it doesn't have the closing time as of uh as of last week friday and if we go on over to the bloomberg we still don't see it uh moving over into the future section here but maybe if i just go to top news maybe we'd see it over here a bit of bullish this week yeah let's see yeah okay so what else do we have here u.s stock futures grant again on growth we could look at the market live blog that's maybe what we could do stimulus fueled risk bounce likely to come with higher yields that's interesting let's take a look let's dive into this for a moment here risk assets are poised to start the week with a spring in their step okay so risk assets would be like tech that is sold off in my opinion let's see what what they're saying here it depends on the author of the article that you get in terms of what they're describing but let's see here uh 1.9 trillion dollar stimulus surge in china's exports all likely to point to further gains in the treasury and see this is that what i think we started seeing on friday it wouldn't shock me to see the 10-year treasury go up but stocks to go up with it tomorrow that relationship fell apart on friday uh that's my take congratulations alex on on getting into dave and busters and diamond handing that good job very very good job on that 159 congratulations thank you for the five dollars president joe biden's covet 19 relief package exceeded many wall street estimates yeah so here's the other thing wall street said that they are pricing in and by wall street i should clarify bloomberg said they are pricing in one trillion dollars as a stimulus package they said that two months ago and i made videos and on live streams i was talking about this saying i think wall street is under pricing how big the stimulus package is going to be i feel like they they actually thought that or believed that there was going to be some bipartisan deal with mitch mcconnell and i'm like why they're going to do the 1.9 i i felt very confident about this coming we knew it was coming a lot slower but i felt pretty confident about this thing happening obviously i i got personally i got a little bit blindsided by the changes that we had here with them uh shaving again who was eligible for the stimulus check and reducing the unemployment from four to three hundred the boost but the 1.9 was was something i was pretty confident in and i still believe that the market has not priced that full package in okay let's see here reconciled versions still still have to be reconciled before the bill becomes law obviously then that has to be rubber stamp the yield on the 10-year treasury note reached 1.62 on friday and heist in more than two years almost exactly a year after the spread of the co after covet through uh markets warning sign let's see here u.s inflation adjusted yields near the highest since june gyrations for real yields will set up the tone for global markets okay let's see really yeah we'll we'll see how how much these uh yields actually affect the market this week uh okay so they didn't really tell us anything exciting here uh bitcoin pumping again i believe that yeah just the last hour since we started the live stream bitcoin's been uh real really pumping for sure i agree with you on that in fact um let's pull it up really quick just to show it so if i push this button and then this button look at that i mean that's nice this is just the live chart so it's really only the past hour that we're showing right here if i go to the past day obviously we had you know we're hitting new highs for the day here if we go to week we're at a high on weeks here or no not quite not quite at a high on a week here because we'd have to be at about 52 five which by the way i still love the fact that you get paid some fat interest over at block five if you haven't checked out block fight yet just try it go to medcabin.com bf i don't get anything for you just going to the website uh there is a bonus if you actually sign up and deposit money you get up to 250 for free but uh yeah i mean it pays some nice interest on your bitcoin i think the yield right now is about six percent which is pretty awesome depending on which cryptocurrency you have over there and then of course over a month we are still off those highs of 57 000 but it would just not shock me to see a hundred thousand dollars on bitcoin soon again i'm not adding right now because there's so many opportunitie here in the stock market so let's uh let's go back to the top here let's see what wall street's reading for sunday evening here china's export surge from 2020 lockdown as demand booms this right i mean to me this is a lot of what we're going to see in in the future of of our just global economy here we're really going to see a strong global demand just from from all countries really let's look at the market live let's say i don't know if they actually update this on a sunday market live blog we'll see oh they do will assets gain okay what assets will gain the most from stimulus so will the so-called recovery stocks like airplanes and hotels fair best bidens infrastructure will all stocks rally oh they're just asking questions here they're not really providing any insight okay well that's boring uh oil set to extend rally taper tantrum to reflation peak okay some other ideas here i think sunday you know in terms of news sundays are usually pretty dang slow news days sometimes it feels a little boring i have to say that nasdaq future started falling from an opening high oh let's take a look at that okay yeah we are seeing a little bit of a decline here we went to a high of about 220 on the tao and remember futures are just a suggestion they're not a guarantee that we're going to see green to that tomorrow but let's uh let's zoom in a little bit here so if i go to the one day yeah we do see a strong open here on futures for uh the dow but we do also see this sort of softening looks like we opened at about 31 664 and right now we're still up about 199 points oh sorry that's actually where we are right now uh we are up 192 points to this marker here and we do have the nasdaq down only up about a quarter right now and this was up a little bit more than half of a percent when we started this live stream so we are starting to see the futures market you know some optimism of the futures market to start with but we're seeing a little bit of that optimism pair back uh so it'll be interesting to see how our stock market opens you know in about what do we got 12 plus three minus a half 14 and a half hours we'll we'll be hanging out together here on the uh on the futures or sorry uh sorry on the uh on a market open live stream rather all right let's see here ge mexico okay oil jumps above 70 that always hurts too in terms of inflation biden orders move to blood gop assault on voting rights nothing like particular it's particularly dramatizing here in the market certainly we haven't gotten much out of the federal reserve let's just look for a second just fed see we could find anything on the federal reserve anything the fed says tends to get tends to move the markets how cool would be if does somebody have a connection to get jerome powell on our show can we make that happen that would be awesome uh we got a lot of information from the fed actually here geez okay let's let's just try news from the fed fed news let's make this a little simpler now you know let's do this let's go to wall street journal central banks jump on over here um okay so bank of japan is sitting on a pile of profit but isn't sharing the wealth and uh shrug off rising bond yields yeah i mean we talked about this last week about how the fed just they don't really care that the yields are going up they're basically taking credit for the yields going up which is pretty hilarious but anyway i'm still going to be looking for some some opportunities tomorrow if we get more red tomorrow i wouldn't be shocked if it's soft red and in even soft red could be an indication of that potential turn around the bottom we'll see james says check out the note from bank of america analyst friday where they outlined the fed's potential moves can't say without terminal i mean i happy to see what bank of america said but that that sounds like research which is a little harder to pull up uh where i think somebody would have to guide me to be able to find out where where the heck that is but if i just type in bank of america here uh sorry let's get out of this i want to try to get into the actual equities uh so but you know it would be interesting to see what bank of america thinks bank of america equity here we go ah here we go okay so i mean even if i just go to individual news we could just see the news on bank of america here yeah must have a problem no yeah as expected not not too easy to be able to see that we'll try them all right so if we scroll down here will the fed okay what do we got here is this from bank of america will fed shift focus to inflation barons oh barons is such a good website by the way great great company here the market's thinking about interest rates have gotten a little twisted as of late they threw a bit of a fit in past week with jerome powell when jerome powell tried to be straight with them this is so true like i thought jerome powell was being so blunt and honestly he was just being he was almost being uncharacteristically blunt so let's see here uh twist reverse to the yield curve uh specifically an increasingly sharp upward tilt great okay what's what's their point here let's try to get to the point of the article we know what powell said going back to history uh okay just talking about how historically two and a half percent on the 10-year is not uncommon yeah here's here's a research note a one percent rise in treasury yields would increase uncle sam's annual interest expense by the equivalent of double of nasa's budget okay interest uh interest costs one percent above the cbo's baseline estimate would add 9.7 trillion dollars more than 10 times the annual budget deficit yeah okay let's see here fed us engaged in operation twist a couple times they start buying longer tail bonds the question is well this is just seems like commentary here okay here we go yield curve control may well be a topic of discussion at the next fomc meeting which ends march 17th st patrick's day there's nothing to stop the fed from shifting its monthly bond buying towards lengthier maturities but the monetary authorities are unlikely to act immediately yeah raskin suggests that a jump in the 10-year treasury to 2 could elicit some response okay interesting so in other words maybe maybe we'll be waiting until that tenure gets to two percent and maybe that becomes a catalyst for uh yeah you know for for us to see the the fed sort of dive in somebody says they fought the fed and won okay in the short term you can cpi data on wednesday not sure why expectations are so low since the pandemic last year started midfield and out of march oil fell first uh well remember cpi data that comes out this month will be reflective of february so here we can look for example watch this st louis fred cpi and i know a lot of people don't believe the cpi data i get it but this is the actually and and the fed uses pce but we'll just pull uh cpi here so february we were actually not bad we're at 2 58 8 and if next month we come in at a cpi of let's add 0.7 here say we come in at 263 just to round we come in at 263 as a reading 263 divided by 258 uh 2588 258.8 we would have an annualized inflation or cpi reading of about 1.6 that's not bad that's kind of nominal right that's not when we're going to expect a big reading like this next cpr reading i think is going to be somewhat benign if anything i expect like the month-over-month data that'll be where people will pay more attention but this this annualized data is not going to be interesting until certainly until until may or april or may that's i think when we when we'll get some more like we'll see the two to three to maybe even four percent year-over-year inflation but again it's it's a a total myth because we had a big dip last year so nothing to see here so to speak all right let's go back to uh top for a moment and then look uh let's look at the equity futures again as well here hold on one second type top let's get oops messing everything up let's get top news pulled up right here uh let's look one more time here at oh can i not put that back in there get back in here okay i guess not fine all right so yeah look at this the dow is actually selling off here uh in the futures we've actually got the nasdaq turning negative i feel like is there a slight delay on this let me see i hope there's no delay on this maybe there is i think they want to charge you more money uh that's one of the things um futures nasdaq shows it as ah they're about at roughly the same place and very very similar here yeah but anyway so we've got the yeah the time stamp here uh i mean oh yeah it is no you're right uh this is actually 10 minutes behind the so the bloomberg is is giving me a little bit of a 10 minutes a 10 minute delay here oh that's annoying you know what a place you could actually get this for free the at least the futures i'll tell you the bloomberg hasn't been great for for immediate pricing it's so good for like research and information but for immediate pricing it kind of fails us just look at this and i'm not sponsored by this company you know whatever but investing.com download this app investing.com and so it shows us that the dao a california bill would ban separate boys and girls toy sections in big department stores all right so uh the notifications anyway we've got the dow up about a third the s p up about a third but tech is flat you know so so there could be still some some pain in in tech tomorrow we're not necessarily going to see uh you know a big pump tomorrow we do have uh at least the futures on the vix down which is good i mean so far it looks like maybe a soft uh you know a soft green open might be in store for tomorrow i'm optimistic you know especially with this stimulus package here i think that's one of the things that we're uh we're looking at as obviously being exceeding expectations so going back let's see here going back quickly to just the top stories here on news let's see uh oh yeah and by the way is this oh yeah of course as usual make sure to join me in the private live stream we'll be having tomorrow as well get 38 off using that expiring coupon code hotel that does expire uh in what seven days eight days anyway going back over here what do we got over here so it doesn't look like much other news really coming down right now we've got uh billionaire mackenzie scott mary's seattle science teacher wow she remarried that feels like i feel like they're divorced oh it's probably been a few years actually bezos divorce that's probably been a few years okay okay good for her the u.s stock futures gained but this was a little bit dated here you know we're about 10 minutes old here on on the bloomberg front here yeah okay so we can look really quick at cnbc and see if we can get that 10-year updated yeah it does look like it is updating you're falling a tiny little bit here we don't have the actual chart yet but that's okay we do see the yield up a little bit so 1.59 actually gives us a jump up to somewhere around here let's look at the five day just to see what that would kind of look like yeah i would actually go back to highs so we'll see the 10 year jump back up to highs right here which are the highs that we had on thursday friday thursday friday highs after jerome powell spoke and basically crashed the stock market uh wow incredible well i would say buckle up this is going to be a very telling week we either have a recovery this week or we continue into the dole jumps i will say futures are not holding up as strongly as they could the dow at one point when we started this stream was up 225 points it's up 87 points right now the uh s p 500 was up over half a percent it's up about two tenths of a percent right now and tech is flat it's trading a little bit nag a little bit positive buckle up oh buckle up all right let's see here let's see uh what kind of other questions chart for 10 years tnx tnx is that for weeble or for here tnx uh oh maybe it is this oh probably gonna give us that 10 minute delay again huh if i go to a day i don't know i don't know about this all right other questions here yeah billionaire marriage i have bloomberg terminal there's billionaire mary science cj you know this is like this is the quality news you paid for uh let's see yeah let's get pelosi on here that'd be cool and let's get mcconnell on here too like just if i get if i get a democrat i have to get a republican we'll have to do that we'll have to like trade uh back and forth so let's see if the fed cast bond deals at two percent wouldn't we see hyperinflation well i don't think the fed's going to cap bond yields i mean maybe if they if they come out and buy a lot i mean the way they would cap them is by buying which means potentially printing more money but i don't think they need to i don't think we're gonna see yield curve controls uh there have been a lot of rumors about that but i think uh the fed's very interested in letting the market be able to do its thing which i know sounds crazy with all the money printing they're doing but i i wouldn't expect that you would define on your uh blockchain uh yeah a d5 is it is that actually a public company is a dollar sign decent default i mean i think decentralized finance is amazing but i didn't know that this was potentially sorry d5 a tradable security here d5 technologies is that what you're talking about rd naf d5 technologies let's see i mean we've had an incredible run over here i mean it looks like it's gone from oh penny stock it's still still in penny stock i don't know if this is the one you're talking about uh yeah is it okay we'll have to look into it and see what that is all right so uh futures still selling off the the more the more i talk about if you want my account i paid for live i can message you oh i appreciate that josh how much is it the the live quotes i i wonder yeah because hey come on why am i why am i why do i have a 10-minute delay on bloomberg i appreciate that offer there uh yeah interested in honestly i've lost a little enthusiasm for some of the chamaths facts i don't know why uh but yeah uh okay dao very volatile right now at the very moment we went down here to about 69 points on the positive but actually just jumped up to about 103 points with uh tech futures actually down about uh 0.05 percent right now so a slight decline there uh yeah you'd think uh i i think so i still do think this the question here is i thought the coveted relief bill would help stabilize markets i i do think we should see some positivity from markets tomorrow but who knows who knows all right folks uh i appreciate you all being here we will see y'all uh tomorrow it'll be very very fun okay buckle up though it's gonna be a crazy week folks all right cheers to some coffee enjoy your sunday evening and folks we will see you tomorrow and thank you for the ten dollars i don't know anything about air canada but i will tell you i'm not very bullish on airlines personally okay i'm not investing in any airlines right now thank you so much we will see you soon trust