THIS IS A DISASTER 📈📉 #Finance

how’s it going everyone it’s Sam there is some really interesting uh things happening on the other side of the world and a lot of volatility one of the indexes over there had the worst day since 2008 and yet another one right next door is up 5% on the day actually opened up 10%

in the positive a really weird Market over in China I want to talk about that also talk about what’s Happening Here I talked last night in my CashNews.co about the re the redistribution plan for FTX and a lot of misconceptions are happening out there as to you know where this money is coming

from let me explain it to you and I also want to show what it is very similar to like in size we’ll take a look at a chart if you don’t mind hit subscribe turn on the Bell notification underneath the CashNews.co so you can see future CashNews.cos just like this also let me know in the

comment section below what you’re drinking today I have a little bit of espresso and some water but let me know what you’re drinking Down Below in the comment section also if you want to start trading text-decoration: none;">Crypto there’s a link to Marx underneath the CashNews.co you can get set set up in just a few seconds and you can start trading there now take a look at this judge approves FDX bankruptcy plan to fully repay bold; color: #1a73e8; text-decoration: none;">Crypto customers in cash with interest a lot of people commented on my CashNews.co last night saying well they’re going to have to sell the none;">Crypto and that’s going to dump the the price of Crypto I think some of this was trolling some of it is really just people not knowing they already have the cash um I I

believe they’re actually going to pay with stablecoin Marty party says breaking FTX official full redistribution in stable coins approved bullish AF payment expected in 60 days or two months December 7th Post elction front run this now some people were saying that they’re going to have

to sell the Crypto but again I think they’ve they’ve made it very clear they’ve been doing this for a while now for the last two years they’ve been selling

href="https://cashnews.co/crypto" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Crypto off uh and now they just have cash stablecoin Etc some of this will hit the market and it is a significant amount take a look at this this is the 61.1 billion in Bitcoin ETF Holdings FTX

claims distribution is 16.5 billion Michael sailor Holdings 15.75 billion Mount goau repayments 8.8 billion German government selling which caused us to go from 65,000 or 70,000 all the way down to 49,000 that was only 3.5 billion okay so this is a very significant amount if this comes back into

the market keep in mind this has been siphoned out of the market for the last couple years salana had a large amount of selling Bitcoin large amount of selling ethereum large amount of selling Etc other altcoins had some selling as well and yet we’ve still gone up in that time I would not be

surprised to see a decent portion of this come back to the market maybe this is really where the altcoin season starts is when people start front running this knowing that some people that were in FTX or had their text-decoration: none;">Crypto and FTX are going to go buy xrp they’re going to go buy salana they’re going to buy cardano some of their favorite Cryptos from the last bull run

that maybe they still feel are undervalued right I’m not necessarily saying that those ones are undervalued but I’m saying they’re probably going to feel like buying some altcoins for this bull run especially if altcoins haven’t really taken off or they’re just

starting to right if people try to front run this all of a sudden everything moves up against their Bitcoin payer 10 20 30% and bitcoin’s doing well too then yeah I see people wanting to get into this Market wanting to put more money in before the next lag of the bull run now speaking about

people wanting to put money in to the market the Shang High SS Composite Index was up 4.6% today it opened up 10% in the green okay a significant jump on the open here today let’s read a little bit about this Shanghai stocks rocket more than 10% at open Mainland Chinese stocks soared more

than 10% at the open Tuesday as Traders resumed a blistering rally after a a week-long break hoping for more economy boosting measures from Beijing which unveiled a slew of stimulus last month the Shanghai Composite Index surged 10.13% or 33791 points to 3,674 and the shenen composite index on

China’s second exchange piled on 11.3% however Hong Kong’s hang index slipped 4.18% on Profit taking after healthy runup last week the gains in China came ahead of a planned news conference later in the morning in which policy makers are expected to flesh out these

policies investors have been racing into these stocks on the mainland and Hong Kong since authorities began announcing a raft of stimulus measures to reverse a long period of tepid economic growth Okay so we’ve talked about this but they talked about race cuts and easing on how much banks

have to keep on reserve and relaxed rules on buying a home now this is just kind of crazy right the one index ssse uh the ssse composite index opened up 11 or 10% in the green and then the Hang Zang end of the day down 10% so it really is Like A Tale of Two Cities it’s crazy how different two

different indexes two different indices from the same country can end up I mean kind of imagine that and honestly I don’t really know the difference between these two indexes too much I’m not well versed in this but can you imagine like the NASDAQ up 10% or opening up 10% in the green

that is insane that’s a huge swing that’s like I remember swings similar to that during covid right like the depths of Co now at the same time what if you had the NASDAQ up 10% then you had I don’t know the Dow down 10% that’ be just kind of unprecedented right this is

economic instability in my opinion uh of course when there’s volatility that can be a good thing Traders can make a lot of money or investors long-term investors can buy the dip but this is a lot of volatility this is a lot for an index right this is not a single asset this is not a tech

stock this is the whole uh basket of goods so I don’t know this this is interesting to me uh I’ll be paying attention to this obviously depending on what China does if they stimulate the economy more it does affect #1a73e8; text-decoration: none;">Crypto because it affects Global Liquidity let me know your thoughts on this underneath the CashNews.co let me know what I’m missing if you know what’s happening here if you understand why one index is up 10% then the other one ends

-10% on the day let me know Down Below in the comment section again it should be an interesting time Crypto is doing fairly well I think leading into the end of the year not quite as flashy as

some people thought but that’s typically what happens and then we get big moves towards the well we get big moves that pushes up very quickly to new highs and then everyone kind of throws the rules out the window and then Foos in a lot of the time see what’s up on the day first Nero on

ethereum up 15% I’ve never even heard of that uh e layer I’ve heard of that up 8% aptose up six say up four Phantom up four soie up three and popcat down the most ftt down 12% Pepe down conflux down injective so yeah it’s interesting to see meme coins just taking off last week

taking a bit of a dip but I would still be paying attention to these for the bull run I think they’ll do well but of course do your own research let me know your thoughts if you do want to trade meme coins if you want to trade layer ones if if you want to trade Bitcoin ethereum there

there’s the link underneath the CashNews.co to Marx there’s also a link down there to weeks which uh also will give you uh get you in the right place for trading uh there’s also some other links as well down there thank you so much I appreciate it I’ll see you all in the

next one bye