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Another extremely wild week ended for the stock market. Everyday it is as if something surprised the market and forced it to go in the opposite direction from the day before. By Friday close, it ended up closing somewhere near the close from the week before.

Jeff Gundlach talks about the current economy just several days ago. His detail explanation of the mortgage market is something anyone who has a mortgage should watch and learn from.

I loves this old video from Thoughty2 on fake martial arts. I find it very funny because I have watched many demonstration videos lately, from so-called martial art masters in China, demonstrating their so-called incredible fighting skills. I totally understand why these people have to boast because they need to make money from teaching their “arts”. However, fancy moves execution does not equal to ability to fight …

Jim Bianco’s take on energy prices actually matters. The price of gas here has been going straight up week after week. The pain is felt and a frequent mention in local news on TV. Looks to me it will wreck the economy hard for a long time.

Going back to work now. I have a long list of things to take care of this weekend.

Have a great weekend all!

Next week is quarterly option expiration for stocks and stock market indices, it will be interesting to see how next week unfold due to another inside week was formed. I bet a very intense battle between the bulls and bears will start next week as majority of the professional traders come back from their summer vacation.

A very interesting take of the current stock market environment by Milton Berg, who successfully predicted a rally since early 2023.

Jeff Snider has made some very good points on the impact of higher oil price.

The Juice Media finally roasting Canada. Enjoy!

As usual, weekend is the time I catch up on m work. The only difference this time is that I am working from my cottage overlooking the lake. I am hoping a nice change of environment may help improve my productivity.

Have a great weekend all!

Another Non-Farm Payroll week that caught the perma bears by surprise. And the silly bulls are dancing and celebrating their victory. Both camps should calm down and enjoy this long weekend. Relax! Next week can be something completely different, again.

I found this documentary on Mrs. Watanabe a great summary on this subject and its effect worldwide. If you have never heard of this, its definitely worth watching the whole video.

Brent Johnson of “US Dollar Milkshake” fame discussing the effect of China’s economic troubles.

A good overview of the current trading landscape across multiple markets including bitcoin, AI, etc.

As a short term trader, I don’t have strong opinions on long term outlook for the markets I trade. However, I notice madness is developing among many market participants. People can’t help themselves arguing all day on trading forums and X (formerly known as twitter) about where the market is heading.

One thing all investors and traders must remember is that how a market unfold in the future depends on its participants’ perception of the future but their views can change abruptly due to external events. For example, aliens suddenly declare their existence among us can totally disrupt our world. People keep saying these things are unpredictable so they choose to ignore such risk. Is ignoring these risk really make sense?

Although it is a long weekend, I have no time to take a break. Maybe sleep a little longer tonight?

Have a great long weekend all!

After 2 weeks of volatile swings in the stock markets, we had a relatively quiet Friday to conclude the week. Next week we have option expiration week again for the month. I think another volatile week is coming so get ready to deal with it my fellow traders.

For those of you tracking many markets, here is the weekly take from Gareth Soloway on David Lin’s show.

Here is a funny clip of Cathie Wood on Bloomberg TV. It is very clear comparing this latest clip of her vs the ones from her good days when ARK was flying higher thanks to the bubble stocks she bought, that her words are no longer coherent. In the past, she bullshit her way using completely illogical garbage with ease and confidence. As a minimum, we know she does not know what is going on and obviously no idea what to expect next.

Here is a clip of Jordan Peterson’s statement regarding the future of his license in Canada. My take on this is clear – there is no future for countries like US, Canada or the West thanks to this path they are going down. I an see that these countries will crumble into chaos within a decade. How people will survive in these countries going forward can be very challenging.

Another weekend full of unexpected issues to deal with. As a start, one of our servers just suddenly stopped working middle of the week. Luckily I have backup servers ready for such situation. But then we have to build another backup server to stand-by. That’s the life of a CEO, when there are problems beyond the workload of your team, you are the last resort to solve the extra problems.

Have a great weekend all!

The first week of August was also the end of July 2023. What a week!

The extreme opposite reactions to the earnings of Apple and Amazon is a sight to behold. funny thing is, they kind of offset each other and leaving the stock market indices mostly going nowhere on Friday.

To understand better how we arrive at this dysfunctional world of stock market indices, check out Patrick Boyle’s latest video. His dry rumor helps. His example of Sun Microsystem from 1990s hits home. Back then I have to use their computers to do more advanced research.

Another bout of bull vs bear here.

First a bear who believes that there is easily a new high coming before a 50% crash. Since I do not agree with most of the technical analysis out there so it is not my view on what may unfold in the future.

Next is a bull who thinks new highs coming.

Notice that both bulls and bears are actually agreeing that a new high is coming … the bears are actually bulls in disguise.

I will repeat this again – the financial system worldwide is a fuckery of numbers at this point that completely behave like an American football game. Knowing who is in control of the tape at the moment will tell you where the particular market is heading. Few people understand this.

Such a dynamic system (or better called a chaos system) is very unstable. Anytime a critical event happens, the whole system will collapse.

One such concerning event is the flooding in China. It exposes how fragile it is with the modern technologies people all praising as the future. Cell phones, electric cars, etc. all render useless. The disaster hitting China is also the near future of US and the western countries as Earth changes continue to reshape the world. The financial impact of the flood in the world will be felt very soon. So embrace for the impact while you can.

I picked the story because it is posted by Reuters so not at risk of being removed suddenly.

Have a great weekend all!

FOMC did another rate hike this week and immediate reactions to that was absolutely nothing burger. What happened the day after got even more interesting as S&P rushed to a new year high and collapsed straight back down. Some said the selloff was due to Bank of Japan’s failure in containing their government bond problems. Some said it is all okay and that the stock market will go straight up from here.

Same old theme continues – as long as there is no external shocks to this very fragile system, it will keep on grinding higher. Those who try to short the overall market over the past few months are the ones who pushed the market higher. They are the ones who need better education in understanding how financial market works – it is all a f*ckery of American football.

Here is an interesting discussion on China’s near term future. All the premises discussed in the video have not taken into account of some basic risk factors that I always emphasis on. For example, if there is a 1% chance of the Three Gorges Dam to collapse any year from now, what is the proper evaluation of Chinese stock market? The answer is at most 50% of the current level.

On the other hand, there are talks of the financial system will be destabilized thanks to central bankers not doing their jobs. Chicken Little’s sky is falling mentality is also not helping if you are an average investor that needs to navigate this tough environment. I do not agree with Tucker’s take mainly because the real problem is not what the Fed is going to do, but what a completely messed up US government will do to the world.

Anyone who pay attention to what Biden has done lately knows that since the US debt ceiling is removed, he has used his executive power to spend like a trillion dollar already. It is something no central bank can do to counter the effect. So welcome to the hyperinflation world.

Here is a video from a “conspiracy theory spreader” on NASA lying about climate science. If you believe what he said is true, or as a minimum, that the environment changes are real and accelerating, the future of the global financial system is already set in stone. I like to give NASA idiots who author these lies credit though because they are trying to do their jobs to lie to the public where things really matters.

By the way, it is now proven scientifically, the planetary alignments of our solar system indeed predict earthquakes and volcano eruptions. If you still think that these alignments do nothing to Earth, you need to seriously update yourself if you consider yourself someone who “believe in science”.

Another busy weekend for me. Have a great weekend all!

Option expiration Friday for the month ended up printing another year high for major indices. Many people keep crying that the market is very over valued and a crash is coming. But what they have been preaching for months now has not happened.

I am not saying that the bears are wrong and the bulls are right. I am saying both sides are wrong as their fundamental understanding of financial markets like the stock markets is wrong. Otherwise why would people looking at the same thing arriving at exact opposite views?

Here is a bull looking for new record high while this bear sees the risk of a steep correction coming soon.

I prefer checking out video like this to learn something I don’t know. This gives me a reason to look forward to go to Spain again to try out this delicacy.

Or that watching a podcast of Jordan Peterson and Douglas Murray to tell myself this world still has normal people who have common sense.

There is really no need to overthink about the financial markets at this stage of the financial system. Take it one day at a time will make life much easier.

I had been spending many hours reviewing resume and talking to candidates to fill my company’s important positions. However, I am quite disappointed so far. Maybe I have not been able to state the hiring criteria more precisely. Maybe I have set my expectations too high. This is something that has to be taken care of so my near future will continue to be consumed by this task …

Outside of that, of course, is my forever growing list of projects to take care of. That’s the life of a CEO, to solve the problems that your team can’t.

Enjoy this weekend all!

Another funny week of pushing the stock market indices higher. People rush in to explain why it is happening but all their explanations are after the fact kind of response. None of them can foretell what to expect before it happens.

Sometimes things are as simple as some squiggly lines I draw randomly on a chart.

Next week is option expiration week, so traders should be prepared to handle increased intraday volatility. No need to guess the direction. Just follow your trading strategy should do the job.

So many people on latest economic predictions are pretty much all the same on the bearish side – bearish on stocks, bearish on real estates, and bearish on economy. But if you listen to them carefully … they don’t really agree with each other. Obviously it is very confusing time for all these experts out there.

Personally I prefer the dry humor Patrick Boyle does with his video on East vs. West. Enjoy!

For those of you interested in astrology, an important astro cycle is coming to an end and a new beginning is starting this week. This cycle is the moon’s nodal cycle finally moving back into Aries / Libra after 18-19 years. In case you are wondering, Aries is considered the first sign of the zodiac, hence we call this the start of a new cycle.

Among so many videos posted on the subject, this is one of the earlier ones that was posted more than six months ago. The early posting of this video shows the content creator is a thoughtful person who understand that such useful information should be shared ahead of time so that people can better utilize the information.

Disclaimer: As usual, I may not agree with everything in videos I linked to.

More work to get done here.

Have a great weekend all!