 Go very quickly today because it's a very, very important video. The banks are failing. The banks are failing. There is a run on the bank that is happening and last time this happened was 15 years ago in 2008, right? So I want to kind of talk about what's been happening. So if you've heard over the weekend Silicon Valley Bank pretty much went bankrupt, okay? We had a podcast that we recorded on this yesterday with Val, James and Harry. So I'm going to put the link in the description here so that you guys can watch that. But just as a very, very quick thing that happened, long story short is every single person want to withdraw their money at the same time from the bank. The bank didn't have it. They had to sell their assets for a loss to cover it. And even after selling their assets, they were still not able to cover it, which means that they became insolvent. That is the fastest way to explain it. And again, if you want to watch more details on it, you could kind of watch the podcast that we recorded. We'll put it into the description today. So what ended up happening today is there's more bank failures happening. FRC is the most recent one down 50% first public bank. Now what's been happening is it's not the big banks like the JPMorgan, the Bank of America, the Citibank that are going down. It is the smaller regional banks, right? And the reality is that pretty much any bank could have a run on the banks, right? Because most banks have about 10 to 25% cash on hand to cover deposits and withdrawals. So when you deposit money into a bank, the bank takes that money, they invest it elsewhere, and that's how they make their money. But if someone wants to withdraw their money, they have to have the cash on hand to give it to them. So most of the time, if 25% of people want to withdraw their money from the bank on the same day, they're pretty much able to do it. But if more people want to do it and it causes more panic, more panic, more panic, you know, the banks just fail. The banks shut down. And like I said, the bigger banks like the Bank of America, all those are fine. It's just the smaller regional banks that can't handle all these outflows on the same day. So what ended up happening with Silicon Valley Bank is pretty much everyone wants to withdraw at the same time. They didn't have the money to cover. They had to sell their investments for a massive loss to cover that. And they still went insolvent. So watch the podcast to get more information. What's been happening today is again, more banks are failing, more regional banks are failing. The same thing is happening over and over again. It is the smaller banks that are failing. Now, what could you do? Where is your opportunity? How can you make money on these stocks? Right? So number one is Bitcoin went crazy. Bitcoin is up 20% today. It hit almost $25,000 of coin, right? $25,000 because now people are saying that if the banks are failing, crypto is going to be strong, right? And look, I don't know, but speculation money is still there. So that's the main thing that we have to understand, guys, that people are speculating on Bitcoin again. This may be a catalyst for Bitcoin to keep going. Now I'm not suggesting you buy Bitcoin, but what I'm saying is there's finally a catalyst that has come and sparked enough interest to get people to say, oh, wait, what about that Bitcoin thing that hasn't been moving for two years, right? So pay attention to Bitcoin and see what happens there. Now, in terms of these stocks, what ends up happening is they have dead cat bounces. So FRC went as low as $18, $17, $18 and bounced to like $35, right? So even Charles Schwab, Charles Schwab, which is a pretty big company went down to like $40 and hit as high as like $50, right? So there's very big opportunities that the key on these stocks, in my opinion, is honestly to just avoid them. You got to avoid trading them because Silicon Valley Bank halted, halted and when they opened, they'll probably be at like a dollar or share. So it's very risky to buy or short these stocks. It's very risky to buy the stocks because at any moment, they can get halted and open up bankrupt or if you short them, at any moment, they could have a dead cat bounce and double. So the best thing you could do for these bank stocks, in my opinion, is just to watch them. These are multi, multi, multi billion dollar companies with multiple tens of hundreds of millions of dollars in assets. And us, as a retail guy with like a small account, is not going to be able to fight these guys. So what you have to realize as a retail trader, a trader that we are, is that you need to stay in your lane. I understand these opportunities are exciting. I understand there's money to be made. I understand that everyone wants to kind of bank on these stocks. But the reality is that even the billionaires can't figure out these stocks or how the hell are we going to trade it? Most of the time, it is just a distraction. Most of the time, it's going to eat up your money. So if I was you, the best thing to do is take it off your screens and ignore it. Do not pay attention to it. Stick to your niche. I'm sure a lot of people blew up going long, a lot of people blew up going short, and that's just not what we do. Yes, it's interesting to know the macroeconomics of what is going on. It's interesting to understand what's been happening. Now, in addition to this, we have something interesting happening. Because of these bank failures, it is given traders the assumption that the Federal Reserve is going to stop raising interest rates. Again, if you've been watching our podcast for a while, we've been saying that the Fed is going to keep going and going and going until they break something. And then when they break something, that is going to be their signal to say, all right, guys, if we fix the system, everything's good to go. No more rate and high is done. And in my opinion, these bank runs, these bank crashes are that signal for the Federal Reserve to stop raising rates. Now, traders are already pricing in that the Fed is not going to raise rates anymore, right? Because if they keep raising rates, which banks are going to be next, right? Which banks are going to be next? So in my opinion, it's putting us in a very interesting situation. Tomorrow is CPI inflation day at 830 AM. In my opinion, if CPI inflation is coming down, and the Fed also is saying that they're going to slow down interest rates, I think the market is going to shoot up. But in the case that CPI comes in high, CPI comes in higher than imagine, oh my God, it might fucking crash the market. So tomorrow is going to be a really, really important day. All eyes are on CPI. If CPI looks like it's going to come down, then I think the Federal Reserve will have a higher probability of not raising interest rates anymore. But if CPI comes in high, they might continue to raise interest rates, which might cause more bank failures, which might cause the market to crash. So tomorrow at 830 AM is when all bets are off, is when everything is the most important. Okay? So that's a very, very big thing that you have to pay attention to tomorrow 830 AM, right? Stocks are trying to rebound today in anticipation of the Federal Reserve lowering interest rates. And if they do lower interest rates, if they pause interest rates, if CPI inflation comes in cold, then the market should technically shoot up. But I think that the goal of the Federal Reserve was to keep going and keep going and keep going until something broke. And now that we have something that's broken, they have finally an excuse to stop. The thing that you have to realize is the most aggressive interest rate hikes in history, in history, in history. And all these banks are slowly going down. So number one is, do not be tempted to trade these stocks, take it off your screen, even the billionaires can't figure it out. Is this a catalyst for crypto to go up? I don't know. Let's see. Let's see. It might make sense. It makes sense to me because the way that crypto works is all based on hype. So if there is hype saying that the banks are failing and crypto is not going to fail, that might be the catalyst to start a next run in crypto. And in addition, tomorrow's CPI numbers are everything, guys, everything. The market may shoot up tomorrow. The market may tank tomorrow. It literally all depends because if the Federal Reserve is now already, if people are pricing in that the Federal Reserve is going to lower interest rates, to confirm that, to make that thesis true, inflation has to come down tomorrow. If inflation comes down tomorrow, they'll say, all right, we did it. That's good enough. We're going to deal with a little bit of inflation, but we can't raise the rate hikes anymore, blah, blah, blah. So I think tomorrow's going to be very important. Additionally, what we've been doing with these videos, guys, we're trying something new. We're trying to stream this on a bunch of different platforms. So if you guys could do me a favor and leave a comment with what platform you're watching this on currently. Is it on YouTube? Is it on Facebook? Is it on LinkedIn? Is it on Instagram? We're trying to put these videos onto more places, but we want to make sure that you guys are actually getting that content somewhere. So if you guys are watching on Facebook, we have more videos on YouTube. If you guys are watching on LinkedIn, we have more videos on YouTube. So please just leave a comment and let me know where you guys are watching this from. In addition, before I continue even further, we are running a free mentorship course on myinvestingclub.com slash webinar. This is a free course designed to teach you all of our MIC strategies for free and show you a live trade of me executing real time. So if you've ever been curious about MIC, you want to kind of see some live trades from me and you want maybe a little bit of a discount to join, go to myinvestingclub.com slash webinar. But I highly recommend, guys, that you guys watch yesterday's podcast with James, Harry and Bao explaining exactly what happened with Silicon Valley Bank and then seeing today's video and seeing that FRC first Republic Bank is crashing too. Guys, maybe tomorrow a new bank is going to crash, right? So let's see what happens tomorrow. Inflation, CPI is going to be everything. It's going to dictate every single thing that's going to happen. And it's going to be an extreme move either way. If CPI comes in cold, the market is going to shoot up nonstop. If CPI comes in hot, we might have even a flash crash, right? Because now more banks are going to fail. Interest rates are going to keep going. So let's see. But as of now, as I'm recording this video, traders are betting on the interest rate hikes ending. Traders are betting on the banks being safe, but tomorrow is everything. So let's see what happens tomorrow with inflation. And again, we want inflation to come down. We want the market to go up because the more the market goes up, the more scams, the more penny stocks, the more garbage stocks run, and that is how we make our millions dollars guys. So hopefully we get a big market pump. We get a bunch of small caps running and we start cleaning that hell up. So thank you everyone. And remember to leave a comment with where you're watching this video. I'll see you guys in the next one.