TLC Weekly Update September 25, 2020

Roller coaster ride in the stock market continues. Nasdaq 100 rallied 5% higher from Monday low and then fell back down to Monday low right after. Such high volatility can induce even higher volatility going into election month. Investors and speculators should be more careful in coming few weeks. Powell may have very limited power in popping up the market should some kind of panic kicks in …

Learned something new here on how ants decide when and where to build bridges. Sometimes things are far more simple then we choose to believe in. One good example is the microstructure of the stock market. People cannot help themselves to make things so complicated when they look at the price movements that ultimately leading them to make bad trading decisions.

Sometimes brand building can be very bizarre because human nature is – crashing two trains to make a train company famous. As suggested by one of my staff, that I should record my trading computer 7/24 so that they can produce ASMR videos for those trading addicts on YouTube. Been thinking about it and may give it a try.

In case you do not know what ASMR videos are, you can search for “What is ASMR” on youtube to knock yourself out.

With all these riots and emotional “heated debates” among people with different viewpoints of things happening around us, maybe it is time to remember that Socrates hates democracy. My point is, you don’t need to have an opinion on things you don’t know. You don’t need to make a call on what is happening around you as if you are an expert of the subject. Listening too much to the news, which are by design to focus on extreme events to get your attention, is bad for your health.

Lately I’ve heard a lot of talks of the inevitability of the financial system breaking down. For example, Ray Dalio publicizes the idea that eventually the Fed will hit a wall with what they are doing. And some people are already thinking about bartering if “shit hits the fan”. Bartering has been around ever since human existed. Only after cash being accepted as the default form of medium for transactions that barter became less popular over time. So pay attention to the rise of bartering will give you a clue how close we are from that “wall”.

So much to get done this weekend again, got to run.

Have a great weekend all!