TLC Weekly Update July 30, 2022

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Just gone through another hectic week with so many things to take care of and running out of time everyday.

Latest talk from Tony Robbins with Ray Dalio. Nothing much Dalio has not explained before. It is just an update of his views at this point in time. If you have not read his book on the subject or any other talks he gave on the subject, this is a great starting point.

For the aspiring traders, this interview with Gareth Soloway is a good one reminding you what you must master to becoming a good trader. The question Kevin raised on a bet, is nothing new. It is given to many people to see if they can answer this correctly. The problem is that in real life you can’t look at the question as if it is a pure probability question and Gareth gave the best answer I have seen.

Another video about Michael Burry’s bet with speculation on what he is really doing at the moment. Well, it is a speculation of what he may have done with the rest of his trading capital. What I find interesting is that this is the first time I have seen a layman video that paid attention to what Burry said about how expensive option premiums have become. That matters a lot in real life trading and that alone tells you how the market makers view the level of risk going forward.

Coming week we start with a new month that is jam packed with major geopolitical events. Just the US sending Pelosi to visit Taiwan is enough to trigger WW3. That coupled with Russia, China and many other countries going to do a military drill next to US west coast, I see these countries all walking on a dangerous path.

I pray that nothing bad happens … I still want to enjoy my summer.

Got to go.

Let’s have a great weekend all!

TLC Weekly Update July 16, 2022

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I am fighting wasps at my cottage at the moment as I type this piece up. Don’t know how it happened but sudden they found my place and built a nest here. Need to learn to deal with them quickly!

For those of you following the Musk vs. Twitter drama, here is a sarcastic take on the subject by Patrick Boyle. Personally, as I explained again and again, all social media will fall out of favor when new technology arrives. Thus all of them will worth nothing. In this case, Twitter, is even worse because it is really a political weapon and a scam with significant number of its so-called users are bots. Just imagine the lawsuit Twitter will face when its advertisers found out the actual percentage of users are bots …

A short clip about Dr. Huberman studying David Goggin. The story is so cool that as a fan of either one of them, you will enjoy this.

An informative video about the economy and among other things, bitcoin. A very balanced approach in applying economic indicators the right way that economists from big financial institutions would never do because they have to work from the agenda of their firms.

Enjoy this nice summer weekend all!

TLC Weekly Update June 4, 2022

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The Non-Farm Payroll report released early this morning has stopped the US stock market from making a second week of positive gain. For perma bears, it is a sign of market weaknesses and next week everything may fall off the cliff. Objectively, however, we have the biggest one week rally just a week ago. Isn’t it normal that the stock market may need to take a breather before making its next move?

For doomsayers, the paper published by Gaya Herrington back in 1972 and an update done some 30 years later, has made quite a buzz lately. More and more people mention this work as the projection of our collective future can turn real bad starting pretty much now. For those of you who are not familiar with the work, here is an article trying to explain what the paper is all about.

If you are still not doing exercise regularly, may I convince you with this video clip from Joe Rogan’s podcast with Peter Attia? You don’t need to do crazy level of exercise to get things going. Starts with only a few minutes a day and you will see the difference.

I know many people who have problems sleeping. There are so many things that can affect us to get a good sleep that countless studies are done to figure out what helps. This short video caught my attention because the gadget mentioned is not expensive and can help one quantify the sleeping environment being good or bad instantly. I will actually get one of these devices and test it out.

Mercury retrograde since May 10th is now finally over. Over this period of time, I have one monitor died and countless paperwork delayed by third party for no reason. I expected that and did my best to avoid initiating any new projects. Now that it is over, I will schedule new projects again.

Have a great weekend all!

TLC Weekly Update May 15, 2022

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It is Sunday afternoon, and I just started writing this.

I was bombarded by many questions from many people I know this week. I ended up talking with so many people for countless number of hours. The main themes are basically the situation in Ukraine, the current interest rate environment and the stock market outlook.

As a summary, Ukraine situation will only get worse as NATO (it is really just USA) continues to force the world to accept its dominance even though it is really a relic from the past. For the current interest rate up trend, it will continue until majority of the people in the world die from hunger. And finally for the US stock market, it will go to zero because US will be nuked by Russia and other countries.

No one wants to hear what I wrote above and keep asking questions round and round so that they can get a different answer. Hence my time was wasted with no impact whatsoever in helping these people to prepare for the future.

The bottom line is, the future of our world is much more uncertain at this point. By thinking about the worst case scenario, one can be better prepared should that scenario actually happen. This thought exercise is brutal for people who do not have training in higher awareness as they will not be able to sleep and will dig into all kinds of conspiracy theories to satisfy their appetite in fear so that they will do nothing productive.

For those with higher awareness, they will do what they can and not worry about what they can’t control. In fact, knowing that the future can be so chaotic means we should enjoy our lives even more when it is still functional …

For one, if you are in the dating game, checkout this interesting article from Wired on how dating apps are leading people to sure misery. Well, it is my interpretation of the article. You may see this differently.

Or you can learn to make your own perfect soft boiled egg. This guy has done all the hard work so you don’t need to. Just learn it from him and you will be able to enjoy perfect soft boiled eggs all the time.

And if you are hoping aliens will come to save this world from the current trend of self destruction, don’t hold your hope high as these scientists pointed out, the chance can be very low.

For those of you who has access to open space, the total lunar eclipse tonight will be a nice treat.

Enjoy the rest of your weekend!

TLC Weekly Update May 6, 2022

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What a roller coaster week with the stock market … for experienced day traders, this is golden opportunity to make good money while casual players got slaughtered without knowing why.

Interesting view about the rate hikes by Sam Zell. If he is right, then the bears of the stock market will be crushed hard pretty soon.

Lately the stock of Teladoc Health (TDOC) was quite the talk of the town thanks to Cathie Wood’s perfect timing to buy this stock at such a good price that it is now 90% lower from its all-time-high. I guess her call of the stock to 10x may now be possible if it trades back up to its peak. That, of course, depends heavily on whether it will go to zero first.

Here is a short article by Mark Manson on how we judge others. It is a good read.

I am happy that my two new trading servers are now working. Time to move onto the other projects.

Happy Mother’s Day!

TLC Weekly Update April 29, 2022

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Can’t believe end of April is already here. And we are going to end it with a solar eclipse. How interesting it is.

Read an interesting article about micronations. I wonder, what if, that all these natural disasters depicted in movies happen in real life. Then the so-called nations we have around the world will be meaningless as law and order cannot be enforced. In fact, we are seeing the early sign of that in many parts of United States and Canada where crimes of all kinds are rising. Should things get really bad, I guess forming gangs and tribes with military capacity protecting one’s turf will be necessary.

Just like the TV show Walking Dead …

Ray Dalio is repeating his message again in this interview by Tom Bilyeu. That subtle hint of geographic risk means so much as he moved to Singapore. His actions tell us how serious it is.

For those of you interested in spiritual world, I bump into this video of a dying human being scanned in his final moment. I’ve heard some people call this flash back of one’s entire life as “soul review”. If you are interested in the subject, you can search that up and knock yourself out with many hours of videos.

The selloff in the stock markets we’ve seen in April is not really as bad as many people think. Why? The insane level of rise in big tech stocks over the past two years created “pockets” of weaknesses that has to be taken care of first. Whether this selloff will turn into something more serious will heavily depends on geopolitical issues.

Time to get back to work.

Have a great weekend all!

TLC Weekly Update April 8, 2022

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This is Sunday April 10th that I got the chance to sit down and write about the week. Totally lost track of time …

The talk of the market (and the world) this week obviously goes to Elon Musk accumulated significant percentage of shares of Twitter. Twitter stocks got a boost of like 25% and more right after he announced his move. So, the big question is whether a fucked company like Twitter could be fixed with Musk sitting in the board. My guess is …. it will take a long time.

But the way Musk interacted with Michael Burry is priceless, enjoy!

I was told to check out this website for their very interesting world model. Pay attention to figure 4 in the article. It has done a great job forecasting the future so far.

I watched this video, a clip from the podcast by Tim Ferriss with Susan Cain, on inheriting the grief of ancestors. I find the idea very interesting because in Chinese astrology, if you collect multiple generations of birth data from within a family, one will notice that certain recurring patterns exist. If you like what they talked about, you may as well watch the complete podcast.

It is first time ever since Magnus Carlsen became World Champion in classical chess that there are so many strong players emerged to participate in the 2022 candidate tournament. It will be very interesting who will be the winner to challenge Carlsen next year. Here is a video of Carlsen winning a game in such a way that it destroyed a specific line of chess from being played ever since.

More work and not enough time seems like something I am stuck with in coming weeks. Workflow from a completely rearranged work environment has its unintended consequences. For example, my trusted compact printer was fried after 10 years of working daily. After unplugging it for a few days and reconnected it at a new spot, it died on me.

Another 10-year cycle thing?

Enjoy the rest of this weekend everyone!

TLC Weekly Update February 18, 2022

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There is a first time for everything. So I have completely forgotten to write this weekly update last week for the first time. I am so overwhelmed by work that I don’t even recall that I missed the writing until this Wednesday. Time flies.

The biggest news here in Canada is the abuse of power by Justin Trudeau for declaring emergency state due to the protests by the truckers. Everyone in Canada knows that he is a corrupted little weasel. Now, we know that he is not only corrupted but also a coward and disgrace to the human species. Sad to see the police forces here not arresting him instead of the truckers.

Congratulation to Hikaru for winning the first leg of the FIDE Grand Prix 2022 classical chess competition. The last game is epic, check it out.

For those of you thinking chess is a game for people who just sit a lot, check out this video on GM Dubov doing pull ups. This is super human strength.

Many traders who jump into trading without learning much about the industry can learn a lot from this video. Jane Street being one of the biggest liquidity providers are often taking the opposite side of your trade. Very interesting take on the crypto markets too.

Back to work again.

Have a great weekend all!

TLC Weekly Update January 28, 2022

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All the major big techs have already reported their earnings. However, it seems like people couldn’t decide if interest rate hikes will destroy the future growth or not. Crazy wild swings every hour at 1 to 2% everyday all week while the normal average range for a whole trading day being 1% to 1.5%, you know people are very emotional and not likely to be thinking clearly.

For those of you who is open minded to listen to a more reasonable narrative about the current market situation, check out this video with Jeremy Grantham. Grantham is famous for his calls of the major bubbles in history with his distinctive career in the financial industry for more than 50 years. Many retail investors who has no patience nor the aptitude to understand Grantham’s philosophy in investing will probably hate his approach because he does not provide precise timing which is a dumb idea in the first place for any longer term investments.

But for those of you willing to listen and reflect deeply, you will gain a lot of insights into the current market environment.

The biggest news in Canada at the moment is the Canadian Truckers rally against the Trudeau government’s tyranny of vaccine mandate. Personally, I can tell that Trudeau, a perfect example of a man child who knows nothing but scamming and lying to the public, should resign now. The future world will be very unforgiving to these politicians who messed up the world for two whole years.

Good news though in other countries that more are dropping all restrictions related to covid. My conjecture that this scam will be over pretty soon looks good.

Another great video coming from Patrick Boyle explaining the current situation in China. He makes several good points about what to expect economically in the near future for China. For those of you thinking that investing in China as a diversification from the US markets, you should definitely watch this before making a rushed decision.

Snow storm is expected this weekend and extreme cold warning is issued here in Toronto. So I am stuck at home again. What’s better than focus on work?

Have a great weekend all!

TLC Weekly Update November 12, 2021

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Another week of roller coaster ride with Tesla shares plunging more than 15% thanks to Musk declared that he is selling his shares. Tesla never stops amazing me that it moves like a penny stock all the time. How can a company with market valuation ranking as one of the top ten worldwide havs its stock price moving like crazy?

According to Nassim Taleb, Bitcoins worth zero by valuation because its price is so unstable that it is impossible to valuate it properly given the risk it presents. His argument also includes many more factors but what I like to say is that using the same argument, Tesla also worth near nothing given the fact that it is selling nothing more than thin air. None of its promises are delivered so far and all its so called profits are really the dividends from government subsidies as pointed out by Michael Burry.

I have no position on Tesla at all so it is not a hit piece on Tesla. If Tesla were a charity like those dotcom stocks that declare themselves having no intention to become profitable ever, I would understand the noble intention. But I don’t think Tesla wants to become a charity. My guess is that Tesla will have a tough time ahead going into year 2022 if it continues to deliver nothing but empty promises. For those Tesla fans, if you have profit on the stock it is time to consider your exit plans.

A deep conversation between Tom Bilyeu and Ian McGilchrist on youtube. I like the fact that McGilchrist pointed out the majority of Nobel Prize winners in physics are religious. Yet the woke crowd and less knowledgeable people think that they know more than these hard science deep thinkers …

Jordan Peterson just made his first public speech over a long period of time. This time the topic is about free speech which is of great concern to all of us given the current political environment where almost all western governments turn into woke machines and tyranny.

Since I am throwing two videos out here with “controversial” topics why not including a third one on climate change. I was able to predict with pretty good accuracy on the extreme weather changes just based on astrological calculations of the net electromagnetic influence on Earth. I even mentioned in my past newsletters several years ago than we should see food prices and fuel prices going through the roof due to these expected changes.

I am not trying to claim that I know more than the so-called climate scientists. But hiding facts and deleting key data to fit the narrative of what you want to say is not science. That only makes them liars.

After the podcast with Better System Trader, I find that I am quite comfortable with the format and maybe I can add new materials to daytradingbias site this way. After all, I have prepared a bunch of topics to be added but never get the time to complete them. I will have to take a look at them and figure out how to procced within my tight schedule.

Have a great weekend all!