Was out having fun all afternoon and just found out that $HOOD, $EME, and $APP all included in the S&P 500 index today.
I own the trifecta. That's a good day.
This jobs report is an unmitigated disaster, and listening to Howard Lutnick trying to spin it just makes this administration look inept and out of touch.
My emerging thesis is that we are NOT riding into December with a Santa Claus rally. My conviction on this is tempered by…
I haven't really had too much of an opinion on markets lately, because I have no clarity on a thesis that I can share with conviction.
But I am beginning to wonder if Santa Claus is going to show up this year, or whether tariffs put the squeeze on the consumer, in the coming…
FUN FACTOID: Per Grok, gold is up 1115% in this century.
You can do a lot worse than buying and hanging onto gold over time. It's bear runs have been few and far between. Just a stable, steady riser. I would not fear buying a top in this one, the way I often do with stocks.
The Earth has a heartbeat. 7.83 Hz, the Schumann resonance, created by lightning trapped between Earth and the ionosphere. Human brainwaves fire at the same rhythm. When the planet’s frequency shifts, so do we. You are not separate from Earth. You are inside its nervous system.
The bitcoin drop is playing out exactly as I predicted. $110K broke, just as I predicted it might. $108K is temporary support, but I expect it to go still lower. This is a trader's market right now, but I keep stacking.
Here's the deal.
The more bitcoin is taken out of OG…
Flash crash in #bitcoin took it down to $110K zone. Manipulating a $2T market cap is not too hard for Big Money, with all the leverage which has been created.
As I said in a previous post, there's a gap to fill at $92K. So do not be surprised if they break the $110K zone and…
I just returned from another trip, and the airport recession indicator has shifted. The airport was the least crowded that I have seen it in ages. Could be a cautionary sign. It's rarely steered me wrong.
I'm stacking bitcoin up to $120K. Then stopping. That's my discipline. Here's my logic.
I never underestimate Big $$'s ability to manufacture a bear (or bull) market in a "small" market cap asset. They took it down to $77K from $100K pretty fast, post-election.
There's a gap…
The most bullish thing for bitcoin right now would be to build a sustained base above $120K. It was fun to see it move overnight, but really needs the stair-steppy moves to sustain price.
I kind of like the stealthy, stair-step rally in #bitcoin right now. The most recent sell-off found support in the $$113s and did not drop back down to its break-out point at $108. A little #bullish chop with an upward bias is good basing action. Big upward moves have just sucked…
An observation:
$STRF is currently trading +$18 over par (roughly)
$STRC is currently trading -$4 under par (roughly)
It took $STRF 38 days to close at par ($100) from its open market offer date. April 13-May 21
38 days from $STRC's open market offer date will be September 6.…
I've been saying for years now that's there no visible credit event on the horizon because of the sheer volume in revolutionary tech. Keep eyes on this one. Over-leveraging credit on useless assets was one major catalyst which caused the dot-com boom to end in tears.
Again,…
I've been saying for years now that's there no visible credit event on the horizon because of the sheer volume in revolutionary tech. Keep eyes on this one. Over-leveraging credit on useless assets was one major catalyst which caused the dot-com boom to end in tears.
Again,…
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