Author: Lawrence Chan

Another new high for S&P500 this week with AAII sentiment reaching new low for bearish sentiment. Large banks all upgrade their forecasts with higher level for both SPX and NDX. Yet, perma bears are warning that a crash is coming. Who to trust?

Here is a take of the current market situation by a veteran trader. One thing great about Jason Shapiro is that he is a traditional pro who look at the markets as a whole and adapt to the environment.

A great clip of Kelly McGonigal on why doing 15-20 minutes exercise every morning is essential to start your day. Enjoy!

A discussion on upcoming energy play by Doomberg. I agree that given winter is coming and that Europe is now pretty much all messed up by Ukraine for its refusal to transmit natural gas to other countries from Russia. A crisis is definitely in the making.

This weekend marks the end of Pluto in Capricorn era as Pluto turned direct on Friday and is marching towards Aquarius. By November 19, Pluto will stay in Aquarius for good. Be ready for the subtle changes worldwide. The post picture is a hint on what to expect – whatever you sowed since 2008, be ready to face the consequences now.

As usual, am going back to work now. Good trading and Have a great weekend all!

Another week of surprise in the stock market with strong NFP leading to another attempt to push for all time high. Isn’t it amazing even though FURUs believe that a strong number would tank the market?

Remember the stock market is not a random machine. Things that matters in the stock market are really controlled by a small group of people.

A new magic number to watch out for is 9-9-9. I can’t disclose much more due to a promise.

This October is supposed to be very important astrologically because of Pluto finally finishing its retrograde motion by the 11th near Capricorn 29 degree and will then resume the normal path to exit Capricorn and enter Aquarius for good by early November. Once that is done, Pluto will stay in Aquarius for about 20 years.

Many astrologers on YouTube have long videos discussing the impact. Here is one talking about what to expect in 2025. Many people, especially those who have done a lot of bad things since 2008 when Pluto enters Capricorn, may face karmatic consequences. Last time the world saw this shift is back in 17th century when many countries worldwide burnt to the ground due to civil wars and revolutions.

Even normal technical analysts are picking up signals that the current up trend in the stock market is unsustainable.

Bears have to keep in mind that those who control the world learn from past market corrections and always finding new ways to mess it up even further. Current market bubble is the direct results of Fed and its peers’ interventions. That’s why all these correlations long term funds are using no longer work.

I received quite a number of requests on my view of the recent mega rally in China. I don’t think I am the right person to discuss about this because I do not follow the Chinese stock markets. What I gathered from the news and the price actions is that it is clearly the same kind of government manipulations used by the Fed to squeeze the shorts. China just took one step further to make sure the short must take a huge loss. Given the new policy on all existing mortgages, we can countdown to nationalization of their banks in no time. All in the name of greater good for the people, but is it?

Not fear mongering, but the reality of WW3 is very real now. It you are religious and forget to pray for a long time, you should start doing it. For those who are not religious, you may as well look at your bucket list.

Back to work.

Have a great weekend all!

New all-time-high S&P500 weekly close is now in place. Everyone who thought that the yen carry trade unwind would destroy the financial markets are now scratching their heads while losing tons of money betting on it.

So is it now clean sail to higher prices? I don’t think so.

Here is a funny prediction about the upcoming US president election using astrology. If he is correct, this will be a very bizarre sequence of events to unfold going all the way into inauguration.

A frank discussion of what to do when the current economic landscape is changing rapidly. One point that stands out is that we cannot just look at the expected down turn in the economy and react to that because what the policy makers will do in response to that matters even more.

Yuval Noah Harari is coming out with a new book hence his road show of interviews popping up everywhere. Here is one of them with him talking about the theme of his new book. Since we all know he is a hitman working for the dark side, you can figure out the purpose of this book is to promote their agenda.

My team is working overtime to get more algos ready for last quarter this year. So back to work for me.

Have a great weekend all!

First week of September turns into a real shocker for the US stock markets according to FURUs and whatever Elliott Wave “seers”. Well, as I said it does not matter all these fancy analysis pointing to higher prices a week ago. What really matters are the risk factors outside of the bubble of financial world.

Here is an interesting discussion on all kinds of conspiracies that can affect our lives. One thing to keep in mind is that even what the guest said are all true, we still have to survive today first …

Finally, someone just said it out loud what really caused the 2008 financial crisis – an evil person who abused his power and yet we see no punishment to him and his associates.

If there is one thing that keeps me up at night, it would be what Eric Weinstein said in this video. However, I am also hopeful that even if the world falling into chaos is inevitable, humankind will likely adapt and survive.

Lots of work for me this weekend so can’t even take a break today even though it is so nice outside.

Have a great weekend all!

Two whole weeks of SPX trading inside the same tight range ended August with an up close above July close. What a well fought battle between the bulls and the bears. The crowd madness is so extreme that even after one of the largest customers of NVidia proven to have serious accounting issues, could not send the major indices lower, at all.

So how do we make sense out of all these conflicting news? This discussion of the current market environment can give those of you who care about the financial markets some food for thoughts.

One of the main concerns for many is that whether a stock market crash is coming. My take on this is both yes and no. Yes, the current stock market environment is at risk of a major correction of 20-50%. But, the US government and the Fed will do everything in their power, include shutting down the stock exchanges, to stop such crash from happening.

An interesting discussion about the inevitability of a US civil war and other disastrous events coming to US and other western countries. If you keep up with real world information from X, instead of MSMs like CNN, etc., you already know that what this guy said is true. The question is how to survive such big changes in coming years.

And here is someone’s view on how to get through that.

Personally, I think everyone should learn more practical skills to prepare for this expected future. Things that are considered replaceable easily may not be the case several years down the road, meaning that we may have to repair broken items again and again until we can’t.

Until then, life goes on and my projects are piling on as usual that require my attention everyday.

Have a nice long weekend all!

What I week we just went through in the US stock market! SPX ended the week with almost no change from last week’s close. Many FURUs come out from hiding after being caught dead wrong last week, claiming they are 100% correct that this dip is a buying opportunity …

Next week is option expiration week so many more wild moves are to be expected.

Patrick Boyle provides a much better analysis of the current round of big tech layoffs. I think many of these tech workers will give up their tech jobs and work in other fields because they simply can’t find enough tech jobs in the first place. The ripple effect of having many workers without a job will look similar to the burst of the dotcom bubble back in year 2000.

For those who care about the current stock market situation, this video is a balanced view of what comes next. One thing I may add is that the yen carry problem is not resolved yet. Thus, we can’t tell if the global financial system can really handle the aftermath without more damages done.

Many people may have heard of meditation and breathing techniques but they do not realize these practices directly change your brains’ neuro pathways with both short term and long term effects. For example, Dr. Huberman explained how simple controlled breathing can help regulate your alertness quickly. If you are interested to learn more, you can watch his podcasts where he discuss many of these latest research results.

Time to get back to work on my projects.

Have a great weekend all!