Author: Lawrence Chan

This is Easter Friday so stock markets are closed. This particular Easter Friday is special though as it is also the option expiration Friday. Hence, the stock markets have to complete the option expiration process on Thursday instead. As expected, hard swing back down all day such that the indices are forced back to near the midpoint since the last option expiration. But MSM will continue to make you believe something otherwise …

An interesting read of MacKenzie Scott and her charity work since her divorce from Jeff Bezos. Her approach to charity is very different from those billionaires we’ve come to known over the past two decades. I wish her work will make a difference for this world.

For those of you keep putting off your plan to exercise more, here is a video to motivate you to get started today. This video explains the difference between slow and fast twitch muscle fibers and how you can train them properly. Be warned though the video shows actual real human corpse.

Along this same fitness theme, if you are interested in training your body effectively, check out Dr. Huberman’s podcast with Dr. Andy Galpin on how to build strength, muscle size and endurance.

I am taking a break today as I rarely get a long weekend where I can sit down and relax a bit.

I will resume working on my projects tomorrow.

Have a great Easter long weekend all!

I can’t believe that it is already second quarter of 2022. Last day of 2022 Q1 ended in a down day and suddenly all MSM financial gurus jump on it. Don’t they know the last two days of a month has a strong tendency to close lower? There is really nothing to speculative about this, move on!

Another good video by Patrick Boyle on Putin’s move to force the West to pay in rubles. It is a great summary of the situation and how it affects Russia in various aspects.

Many of you know that I am a watch collector. One specific series of watches that I have been collecting all these years is the Omega Speedmaster special decennial editions of the Apollo 11 mission. Can’t help when the event is associated with one’s own birthday. What surprises me is this crossover MoonSwatch by Omega and Swatch. Check it out, they are cool looking and I may end up buying them.

When I went through my re-organization of my home, I learnt that common furniture are no longer common. Grabbing simple household items from Ikea for quick and dirty fix up is no longer possible because they are out of stock on so many items. In addition to that, more and more items are no longer in stock from Amazon when you just need something overnight. This logistic / supply-side shortage issue is not going away anytime soon. Don’t believe that? Check out this documentary and be prepared to a world that’s much different from the one we have before covid.

My huge undertaking to re-org my place is mostly done. Things will go back to normal and I will focus on various projects for my ventures. For my daytradingbias premium members, that means more videos for you so that you can better prepare for this extremely weird era in trading.

Have a great weekend all!

A relatively quiet week in the financial markets when people have learned to live with the ongoing conflict between Russia and Ukraine.

A very interesting take on the college education landscape in United States. I wonder when this video will be considered as misinformation and banned from YouTube.

If you have not heard about the chaos caused by the nickel market, you should watch this video so that you have a basic understanding of the metal markets in general. What happens to them not only affect the trading communities, they also have indirect impact on everyone.

A discussion about the near future with Brent Johnson, who is famous for his “dollar milkshake theory”. If you do not know what the theory is about, check out this video.

This week I am again late to post my weekly update. Reorganization of my home space is now mostly done. So hopefully everything will go back to normal schedule soon.

Have a great weekend all!

Today is option expiration Friday. For some, they can’t believe the stock market has rallied so much these few days. However, if they pay attention, the indices are really just moving back towards the midpoint of the year. Nothing special.

A funny sci-fi writer’s take on the simulation hypothesis is quite amusing if you are into this type of thoughts.

I have seen quite a number of video on YouTube in Chinese that are clearly against Russia in this current conflict with Ukraine. The funny thing is that these so called knowledgeable people all sounds like idiots to me because they are obviously expressing their opinions in a way that are deeply influenced by right-wing Western propaganda.

Well, it is sad to see such narrow minded people being called the “thought leaders” in Hong Kong and other Chinese speaking communities.

Here is a more balanced view of the root problem.

If you are losing sleep often you may want to watch this video. Interesting information that may help you get better rest.

This weekend and early next week I will be extremely busy to complete my home reorganization. I have been working on this for almost two weeks now. Age really plays a factor in doing all these heavy lifting. It is clear that I can’t do this all by myself anymore. Lucky that I have my son and close friends to help out.

Have a great weekend all!

Another week of extreme volatility across all financial markets led investors and traders into deep confusion on what to expect in the future. Big name like Zoltan Pozsar even floating the idea of Bretton Woods III is coming. That definitely scares the sh*t out of many long term investors. But isn’t that what Ray Dalio has been telling everyone over the past two years?

If you want to understand the perspective of Pozsar, here is a video of him talking about the economy and financial markets.

Another crazy act coming from Canadian politicians again – the introduction of Bill 67. It is essentially making “critical race theory” the centre of all education from kindergarten to college kids. If you try to search online looking up what CRT is, majority of them, including Wikipedia, will give you words coming from mentally dysfunctional people. You won’t get the truth.

If you are interested to understand the subject, here is a video from Bret Weinstein and another one from Jordan Peterson.

Here is a great video coming from someone who took on the task of learning 10 different languages. His insights should be a good guidance to anyone who has a desire to become a better person.

Coming few weeks starting now, I have major home reorganization to do. I am sure lots of heavy lifting and hard labour will be involved. Let’s see how long it takes for me to recover after it is all done.

Hence, I may not be able to answer emails quickly as I will be away from my computers most of the time. If you are sending me any messages, expect turn around time of a day or two later.

Have a great weekend all!

Can’t believe it is March already and this Non-farm Payroll week could not follow its usual script anymore as geopolitical issues now the focus of many traders and investors. But seriously, who can predict the outcome?

My advice to casual traders and day traders is to avoid trading during this time. You may not be able to handle the extreme volatility both psychologically and technically. It takes good understanding of the nature of volatility to thrive in this environment.

Ray Dalio uploaded a video that is timely for everyone to think deeply on what is happening now. Given the fact that he has diversified his portfolio away from United States, it sends a clear message that he sees a very different world going forward …

For those of you who are prepping for WW3, this is a video you must watch. Canned corned beef can taste / smell very bad if you choose the wrong brand.

I find this video on AI’s way to win the Monopoly game very interesting. In fact, more than two decades ago, that’s how I first started using trading bots in simulations to study market dynamics. One can learn so much about the financial markets by just understanding what other participants do in the markets. Yet, every retail traders are in a hurry to make money so they always focus on beating the market without first understanding what their opponents are doing in the game.

I am way behind schedule on my projects again. I lost a day thanks to power outage for many hours. Not even my uninterruptable power supplies (UPS) can last that many hours. And then I have all these new discoveries in price discovery behaviour that I have to manually verify. I guess it will be another month of crazy work hours.

Have a great weekend all!

This week we’ve witnessed one of the most powerful reversal in the stock market within two trading days. Some people claim that it is due to the long term players who bought put options as a hedge to their portfolios selling the puts to collect the profit. In turn the market makers are forced to unwind their hedges which push the stocks and the stock indices higher. Some others claim that it is the middle of the Venus Mars conjunction leading to the stunning reversal.

Maybe that’s true. Maybe not. Who knows?

Dr. Van Tharp passed away this Thursday. It is a huge loss to the trading communities worldwide. Personally I was deeply affected by his work. My rigorous approach to trading is a result of following his philosophy. Here is a link to Dr. Tharp’s youtube channel. For those of you interested in trading, I am sure you will benefit from his work.

I came across this interesting article about Joe Bailey “Aurora Hunter”. Since I am very interested in seeing the Northern Lights at least one more time, it looks like using Joe’s service would be the best bet.

For those of you concern about the Russia Ukraine situation, a good video put out by Patrick Boyle on the effectiveness of cutting off Russia from SWIFT.

This week I am again not able to keep my schedule to post this weekly update on Friday. My schedule is getting even more hectic going into March. Let’s see if I can squeeze out more productivity under the condition.

It is going to be a good challenge to take on.

Have a great weekend all!