Second time in a row the world famous PPT stepped in to save the US stock market when Japanese yen breaking to new highs against US dollar. You may heard that it was NVidia CEO’s quip that sparked the rally. Don’t be fooled.
Howard Marks made a series of short videos discussing several basic concepts that is fundamental to make sound investment decisions. This one is my favorite so far.
Patrick Boyle came up with another funny video poking on the bullshit ventures and apps we see popping up everywhere.
I like the explanation from this video on why the baby boomer generation is the biggest rise in birth rate worldwide. One thing I disagree with the video is BoA’s claim of a new baby boom is coming because we already see a total bust of all birth rates around the world since 2023.
This is rollover week for index futures so another busy weekend for me.
Another interesting week of roller coaster ride at a smaller scale, ended with Powell saying what everyone knows already. Yet the US stock market reacted as if it does not know about it … crowd madness at its best.
Howard Marks’ latest “Memo” provides many good points to consider for navigating the current market environment. Not a long video so take your time to watch.
Nassim Taleb explains this interesting behaviour of our society that shapes the world. In my opinion this is why the modern world is destined to doom.
Many doomsday scenarios showing up on Youtube predicting all kinds of major disasters to happen soon. The funny thing is, if you are as curious as I am, that you search backward into past years of videos available on YT, you would find similar kinds of videos predicting doomsday at those periods. Yet, we are still here.
What does that tell us? Well, it is a very difficult task to figure out the exact time window for the end of the world and no one successfully called it right, yet.
On the other hand, we do not need these astrology or whatsoever voodoo stuff to guess what is coming. Just look at how messed up the US politics is, or that how irresponsible the way US government and its peers spending has become, we all know tough time is coming, even if there is no end of the world level disasters.
But if you must, here is a potential end of the world disaster in the making to keep you up at night. Similar to another one that is expected to happen soon enough near Japan, there are just too many of these potential threats caused by Earth changes to keep count of. And no, they are not caused by human, so stop b.s. to yourself blaming your neighbors for not doing their recycling properly.
One more week to go before month end and I am extremely pleased with our newly deployed trading algos. My team is working harder than ever to take on more markets as they see our hard work is paying off.
So funny that SPX has to print 5666 this week, a tad higher than last week’s high, before the selloff was allowed to happen. Now that the message was sent. Let’s see if it can produce a reasonable correction over the coming weeks or months.
I was asked to provide my view of the markets on longer term basis and I mentioned that we are in similar conditions like 2007 (and other major tops in the past) that the leaders will go into deep correction which will take time to resolve. A 10% correction is reasonable and not something concerning.
Of course, if the 0-DTE options somehow acting up, this may lead to the chaos we have seen back in 1987 but we have no evidence of that happening, yet.
A new video from Hugh Hendry – not much new information from him on the market. It is just fun to watch him talking.
Interesting talk about the Japanese genetic make-up. Equipped with this new information, it all makes sense but then Japanese government may have to reposition themselves in terms of their bullshit on ancestry.
For those of you concerning much about your investment portfolio, here is DoubleLine’s midyear outlook. In short, we are entering a difficult time economically worldwide – as US economy slows down, it will hurt other countries too. Tough time ahead.
I am still on turbo mode working on my projects. We are pushing for deployment of more trading models next month so exciting time for us.
Holiday week finally over and made yet another new all-time-high close for the week. Non-farm payroll week bias once again another winner.
Next week will be the official start of the summer holiday season. Thin volume is expected and trading will become more erratic. Just like what I mentioned in last issue of my monthly newsletter, June would be a tough month to trade and I don’t expect the trading conditions will improve this month.
Here is a more balanced view of the forever weakening of market breadth. The outcome may not be as bearish as the perma bears think.
An interesting video discussing the money laundering activities related to the fentanyl crisis in US. Why this matters? I am not thinking of what the points stated in the video at all. Without these money floating back into US economy, I think US economy will collapse at once.
One important development that will impact the world significantly is Argentina’s “dollarisation” plan. Will it work? It can have serious implications going forward with unintended consequences affecting the whole world.
Another week of stock market going higher magically with sentiment going back up to no fear level. Bears are now crushed and everyone is on board the “new all-time-high is coming” train. Would you want to get on board too?
As I explained many years ago, majority of the financial market participants are delusional. Here is a great summary of what is really happening behind the scene.
Due to the real mechanism in global money flow, magically rally in stock markets and crazy flat line on the volatility index are now the norms. The big question is whether this can keep on going, or, similar to what happened back in 2007, a so-called forever rising stock market suddenly breakdown and collapse?
I found this video very disturbing and more people should watch it and be prepared in case of what Dr. Bossche predicted materializes in coming months.
For those of you who love to watch the financial markets, here is the latest take on the macro front.
This is a busy weekend for me. Preparing a replacement laptop for my current one in case of unpredictable issues happening to my trusted laptop.
I am also monitoring the solar storms hitting Earth as I type. I have disconnected all the important devices that can be disconnected already. Let’s hope this extreme event does not badly damage our power grids.
Earning week surprises hard swing the indices multiple times all week. What will happen next? The most important event seems to be FOMC announcement coming Wednesday. So we can expect quite Monday and Tuesday then.
By Wednesday, the real fun begins.
I came across this short video that fully illustrate how useless the “nutrition facts” are. So if you are those people who wasted a lot of time reading these panels of b.s. you can stop now.
For a healthier life, it is really not that difficult. However, most people choose to be ignorant and refuse to correct their wrong beliefs leading to continuous bad practices messing up their health and shortening their life span. This video has many good tips on how to improve your health that you can apply onto yourself immediately.
Jeff Snider continues to stay angry on what is happening now to the economy while there is no real solution to the problem. It is nice that someone like Jeff putting out videos explaining what is going on so that more people are aware of the problem. However, politicians and all those people who are in charge of the world do not really care about the well-being of normal people, because if they have the right kind of moral compass, they would have never be a politician in the first place …
Mercury retrograde just ended on Apr 24. So far this year, only one of my uninterruptable power supply “suddenly” having its cooling fan malfunctioning since the beginning of the retrograde. And magically, it stopped giving out loud noise right after.
A trigger event this week took S&P down about 100 points on Thursday and then on Friday, we got a bounce that recovered most of the losses. Is it the start of the long awaited “pullback” for the stock market? I don’t know. It is fun to watch though as the bull and bear bots duel it out.
An interesting take on China’s economy and potential impact on the rest of the world. Good overview of the whole automobile scene and related industries.
Someone finally produced a video comparing Canada with Australia. It is a great video telling people to think twice before immigrating to these two countries.
This video is not the only one that mentioned a similar theme of this solar eclipse, or the whole eclipse season, will change humanity’s fate. Some new age people even say that those with “higher vibration” (whatever that is) will ascend to another dimension, etc. Given how majority of the people are so ignorant, I always wonder if these believers are lying to themselves and to others with the hope that they will be saved or chosen …
Personally, as someone trained in traditional Chinese astrology stuff, will do one thing for sure during the solar eclipse. That is, I will stay home, not looking up the sky, no matter where I am, because this coming solar eclipse is of the “bad omen” type. According to the ancient teachings, those who look up at the sky during this event will induce extreme bad luck for at least two and a half year. Why? Because the actual solar eclipse will last about 2.5 minute.
There is a huge misunderstanding that the events affecting the world will be happening exactly on the day of the solar eclipse. That can happen but the lasting disruptions / changes to individual lives often happen later when the eclipse angle being visited by the individual’s transiting astro bodies.
Quarterly options, index options, index future, index future options all went through expiration Friday and not much happened again. Somehow all attempts to go just a little lower for the broad market always met with one of the big techs going higher like a penny stock to offset all the losses from the other 99% of the stock market. In particular, this Friday we have Nvidia going higher and so the indices just stuck in place and close near their opening prices.
Next week we have line up of many market moving events like WW3, financial system total collapse, etc. but none of that matters until they do. So no point guessing which way it will go … that’s the beauty of day trading – taking it one day at a time.
I came across this video talking about moral code from Immanuel Kant. Pretty good explanation that helps people to at least giving the concept a thought.
I thought about going to Antarctica for a long time. If anything it is definitely on my bucket list. And I found this video talking about a cruise going there in comfort. What a nice surprise.
For those concern much about the financial markets, here is a video of Lyn Alden talking about her take on the current situation. It is an hour long video and many topics are covered. As usual, I do not necessary agree with the opinions in these videos. It is just good practice to observe what influential people think about the markets because they affect the behaviour of many people who follow them.
Here is a great video for those of you young adults or those who have kids. The world is changing and whatever people who are still alive believe in of the social norm or a good path going forward are all wrong. The currently alive 4-5 generations of people have no idea that this 9th phase (20 years starting now) of the 180 years cycle according to Chinese feng shui will do to them all. When I get the chance, I will write something up on the subject.
Another week the US stock market closing higher and it looks like January will close positively by next week if FOMC does not want to ruin the bull party. But who knows. Given the geopolitical mess we are seeing everywhere … we just don’t know when and where a shock may happen to upset the current bullish outlook.
Here is a video trying to piece together the economy of the Roman Empire. The focus of the video is to compare the Roman Empire’s GDP against the modern era USA. This comparison makes no sense as technologies we have nowadays did not exist say, just 200 years ago or even just 100 years ago.
For those who are concerned about the current economic conditions and what may happen this year, here is Gundlach discussing his take with Charles Payne. His takes on the situation may not agree with what the MSMs are saying.
I find this interview of Patrick Boyle very interesting. He talks about the past how hedge funds are so different from the modern day version of them. He also touches on quite a number of interesting subjects. Hope you enjoy this.
As someone who eats eggs almost everyday, here is a video talking about eggs that tried to settle the arguments around the quality and taste of eggs across all kinds of eggs. I do not agree with the conclusion of the video because I know a lot about eggs and the studies he quoted are not done properly. Why? Industrialized high-end eggs offered by big companies are just another elaborate scheme to make more money from the “organic” movement.
What a week for the stock market – NVidia blowoff earning midweek and Powell hawkish statement on Friday gave the world completely opposite outcomes based on normal expectations. Nvidia earning sent its stock price up 11% on Wednesday night but then on Thursday all that gain were wiped out during normal market hours. Powell hawkish statement initially was thought to have pressured stock market lower on Friday but then the stock market went higher in the afternoon. Media and gurus keep trying to give an after the fact explanation of what happened. But does that matter?
Here is a video discussing Burry’s bearish bet in better context. For those of you who want to ride his coattail, watch it to gain a better understanding of the macro situation. But keep in mind that the real reason why Burry made the bet can be something else completely. And also remember that the reporting of one’s positions for each quarter has a 45 days time window. So between end of June and now, Burry’s position may have changed already.
I find this video has a more balanced view of the macro factors that will shape the near future of world economy. If you don’t want to watch this hour long video, I can summarize it here – we are f$#ked.
Back to work for me. No point overthinking much on what to do when the financial system collapse or reset.
