Author: Lawrence Chan

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!

Another non-farm payroll week finished and again successfully pushed higher into Thursday / Friday as usual. What happen after that will be very interesting because we have a late option expiration this quarter end by 21st. So the fight to contain the upside already started. My guess is that option market makers will want to bring SPX back down a bit.

But how they are going to make that happen can be a big surprise. Maybe it also depends on Nancy Pelosi. It was reported that she was long NVidia using options. Given her 100% winning track record, the moment she is out of her position I am sure the stock will have a large correction right after.

Many Canadians are happy to hear the interest rate cut announcement by Bank of Canada. However, the unintended consequence can be very damaging to the country. Here is a short video explaining why it is not a good idea.

And that leads to the question of what the Fed will do. Peter Grosskopf discussed with David Lin on the outlook.

Lately I am experimenting with chia seeds as a way to control my weight and then this video popped up on my youtube top page. How do they figure this out …

My schedule is now back to normal but I have tons of work piled up. So turbo catch up mode it is.

Have a great weekend all!

A very interesting week of price actions for which the stock market trying to break out of the tight range it has been stuck in for weeks. A push to the upper boundary ended up with a sharp drop. Yet the lower boundary successfully defended itself last minute on Friday. So the fight continues until one side gives up.

Michael Gayed posted this short video on what he thinks will happen to the global financial system. If his thesis is correct, the talk by Ms. Baradaran that I posted last week becomes very important. The moment the collusion of these central banks failed to keep Japan from doing something for itself, investors worldwide will face a nightmare they will not be able to wake up from.

The biggest news this week was the Trump verdict. This short video simply summarized what I often say over the years.

This week I was helping my friend with a court case all week. I will not discuss the details here but what I observed is that lately, there are many evil people who have done countless bad deeds in their lives all facing extreme adversity against them, stripping away everything they have. Is this really a sign that we are facing the end time era for which there is no more reincarnation, hence payback happening to these people quickly before they die?

This video on Pluto in Aquarius talks about the same subject but on a bigger scale of what can happen to various countries.

I need to catch up with my work all weekend.

Have a great weekend all!

Another new all-time-high for the stock markets this week made the bears mad. All the bulls are cheering and optimistic of the outlook. So is it clean sail to a lot higher?

Well, here is my answer – 1973, 2008, 1987, 2 weeks

Here is a new video from David Lin talking about the potential market risk by Chris Vermeulen. Chris has been right about the market outlook over the past 12-18 months. Very good old classic technical analysis, enjoy!

A long video on the potential of a major disruption in the financial world that can wipe out everything a normal person has. It is an interesting take on what’s to come, probably happening quickly.

Here is a new video with Whitney Webb on the Jimmy Dore Show. It is not the usual place to find this video. If you are not following her on X you will not be able to find this easily.

For my fellow Canadians, they are enjoying a long weekend.

But I follow the US stock market schedule so no Monday holiday break for me.

Back to work now.

Have a great weekend all!