TLC Weekly Update June 22, 2024

Quarterly expirations of the index futures, options on stocks and indices, etc. this Friday did not produce a bang that many people called for. In fact, the day did almost nothing in terms of intraday volatility. This is all because of the opposite price actions of NVidia and Amazon.

Now that the second quarter of 2024 is almost over, the focus of the financial world will turn to the upcoming all important US election. Since so much drama is happening with the leading candidates, it is hard to tell what twists and turns may come up in coming few months.

This is a good video explaining what grounding is and its benefits. I have been doing grounding for decades following the traditional Chinese protocol like standing outdoors barefoot, etc. But the amount of time we can do that is very limited. Ever since I found these grounding mats, they are definitely one of my best investments for my health.

I love how bulls rationalize their views of the stock markets like this one. His analysis is all bullshit just like any economists out there. The only reason the S&P500 rallied so much is all about that 7 stocks. And since that is not the core argument of his analysis, his understanding of the financial markets is questionable.

Another great video from Patrick Boyle discussing the hot topic of immigration around the world.

My team is all excited with all the new trading models we have completed this quarter. The difficult part of testing them with live trading starts now before serious money is committed to trading them.

So no time to enjoy this summer – more work over the weekends …

Have a great weekend all!

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