Feeling Lucky, Punk?
Did you know that 87% of all significant price action occurs in only 11% of the time? So in other words – 89% of the time the tape just sort of meanders sideways within a range.
All Posts by Mike
Ready For What Comes Next?
Friday was one of the ugliest stock market sessions in living memory. Everything got hammered…. just to bounce right back in the late session.
Crypto Salary System Webinar
It’s an awesome feeling to consistently print profits while everyone else is running around with their hair on fire. Just another reason I really enjoyed giving yesterday’s presentation on our Crypto Salary System.
It’s Getting Ugly
Having suffered a bit of whiplash, a growing number of economists and so called ‘ financial experts’ have started whinging that the Fed is moving too forcefully in slowing the economy in attempt to overcorrect for past mistakes. My take on that: Boohooo – cry me a river…
The Wall Of Shame
We moved into our new house a little over a week ago and for the third time in less than one year I’m pulling my hair out in sheer frustration while I’m pulling stuff out of boxes. Yes of course I’ve labeled everything but the damn movers we hired simply stacked everything on top of each other and then dashed, making it impossible for us to find anything.
The Rubber Band Always Snaps Back
You can actually draw quite a few parallels between resistance exercise and the progression of price action. First up it’s important to understand that price never moves in one single direction longer than its momentum effect permits.
The End Of An Era
Something strange happened this morning right after I awoke from my slumber. I opened the window to let in some early morning sunshine and immediately noticed that there was absolutely nothing. As in no traffic noise, no lawn mowers, no weed blowers, no machines humming away in the distance, no planes crossing the sky, basically no human activity whatsoever. Just complete silence.
Simply The Worst Timing
I hate moving just as much as the next guy, but what I despise the most is having to move during a critical or turbulent time in the market. Worse yet, the older you get the more crap you end up accumulating, 99% of which you probably don’t even need.
It’s Gonna Be A Cold Winter
With both Nord Stream 1 and 2 blown to smithereens Europe is frantically preparing for a winter without enough food or heat and the real prospect of a full scale economic depression.
On the plus side a large swath of the continent is finally going to reach its zero emission targets by next spring after ~40% of its industrial base will have been wiped out for good. Well done!
Off To The Glue Factory
It’s done, toss it on the truck to the glue factory. We’ve finally reached the “Warren Buffet quotes” stage of market destruction today… And as usual, the Oracle of Omaha had it bang on…