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That sounds like the perfect sentiment to have a decent pullback like 10%.    I have been flat on trades since December when I just wanted to focus on real life....I regret that, and want to jump in.    Use me as your signal, I can be perfectly wrong when I just make a call that seems to make sense.     But i do believe, that 40% of the money we send to any other country comes back to USA, laundered as stocks and futures.   That will keep the energizer bunny going...so we will see.


Matt I watched your video

Gold

Posted by steveo on 18th of Feb 2024 at 11:52 pm

Matt I watched your video on the KISS, and this one caught my eye on JPM, it looks like it should have stopped out, please comment

Its 95% lies and gaslighting.   In my real world of solar, solar electric, solar hot water (copper), prices are up AT LEAST 40%, some things are up 100%

I was shocked when Gold

Posted by steveo on 11th of Dec 2023 at 08:33 pm

I was shocked when Gold rocketed above 2000, that seems to be
"their line in the sand"

They sure slapped it down hard.....they hate real money, they want you using their Fiat money, and soon they will want you using their electronic money where you can be made a non-person at the stroke of key, or even at the Whim of an AI if you step outside the "Overton Window" in your comments on social media.

I posit that eventually they will lose control of their ability to manipulate the price of real gold via all the fake gold, when that happens it will rocket to 5000 or more.    We should file a RICO action against this manipulation.

I know Japanese traders who use the USA markets to trade in Japan stocks, so there is that

GDP up 5 while real inflation is up 20% is something to consider

Matt, The divergence is clear, can you draw any conclusions from this maybe with historical perspective?   I did put in more time than I thought to download the data (goes back to 2007 someone back calculated the Vix of the Vix, aka VVIX).   Spreadsheet is here for any intrepid analyst to add the SPX on the second left side axis, and zoom in to tighter timeframes.    The recent sharp move up in the VVIX / VIX ratio does not look unprecedented.    I did some offset averages and didn't really see anything compelling. 

https://app.box.com/s/m5mqjr9pgdlud9m60jm28znbutn4gvbc

I think it depends a

TSLA Coiling.

Posted by steveo on 28th of Nov 2023 at 04:11 pm

I think it depends a lot on the dollar, which has fallen 61 to 50% Fib of its last rise depending on what you are looking at...if there is more downside to the dollar, equities should have a tail wind up.   But if the USD  drop is over, all issues will be challenged

I hear BOA is a

SPX Year End 2024 Targets

Posted by steveo on 28th of Nov 2023 at 04:08 pm

I hear BOA is a real POS place to work, wokesters

friends don't let friends trade UNG 

lol or GDX

wait for a backtest?  or

TSLA Coiling.

Posted by steveo on 28th of Nov 2023 at 02:50 pm

wait for a backtest?  or just pull the trigger long


the VIX line in the

Posted by steveo on 28th of Nov 2023 at 02:46 pm

the VIX line in the sand going back 2.5 years

So in the last few

Posted by steveo on 28th of Nov 2023 at 02:38 pm

So in the last few years, VIX is about as low as it ever gets, I would like to buy VIX long and look for a double or more.   Per a Cambridge advisors, they don't have any vehicles that closely follow VIX, and I hate paying premium for options, I have enough cash to use their is no need to buy premium.

So anyone got any secret ETFs that follow vix?


wedges galore

SPX 5 Udpated

Posted by steveo on 16th of Nov 2023 at 04:48 pm

wedges galore

Any thoughts on ACMR, holding

Posted by steveo on 16th of Nov 2023 at 02:56 pm

Any thoughts on ACMR, holding as a long, but I don't see anything compelling, except the tailwind created by the USD weakening.

I was just thinking about

Posted by steveo on 16th of Nov 2023 at 01:30 pm

I was just thinking about closing out my WMT short yesterday, as it appeared to be breaking out of its channel to the upside.    Earnings this 6AM, missed by a penny and then plummeted.   So question is for those with experience....seems like an extreme reaction, strategies would be to just close out the trade and be ready to reshort on further weakness....or set a stop and then the question is WHERE.

coin followed that pretty much too

Steve, sometimes those things are

SPX 10

Posted by steveo on 9th of Nov 2023 at 12:14 pm

Steve, sometimes those things are Leading Diagonals that continue up....sometimes bear wedges that break down.    Can you discuss identification or at least exclusion

Thanks!

actions are inverse

Posted by steveo on 9th of Nov 2023 at 11:37 am

Thanks!

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