Since I posted a quick video update on GRAVITAS last week, my inbox has literally been blowing up with messages from people begging for access to the system. Now, as much as I enjoy watching you squirm in eager anticipation, here’s a quick update to keep all you crypto degenerates in the loop 😉
Bitcoin just touched the $30k mark, proving once again that bull markets seem have a tendency to sneak up on you. I know that may sound a bit hare brained, but please raise your hand if you managed to catch merely half of BTC’s 95% monster ramp off the Nov 22nd lows.
The great bank wipeout of 2023 seems to be picking up pace. And it’s causing collateral damage in a few unexpected places.
Credit Suisse just got bailed out by the Swiss National Bank (SNB) to the tune of CHF 50 Billion. WHO IS NEXT?
For anyone who’s been active in the markets back in 2008 this is probably deja vu all over again. Over the weekend bank regulators seized Silicon Valley Bank as well as Signature Bank in New York, which represents the largest bank failure since the 2008 recession.
If the current market gyrations are making you want to step out into the yard and kick a tree or two, then you’re not alone.
0DTE has become all the rage among retail traders for one simple reason: There’s a ton of money to be made if you happen to find yourself on the right side of the the trade.
Since about 2008 an ever recurring and exceedingly frustrating experience for renowned perma-bears like e.g. Michael Burry has been the Federal Reserve’s sheer infinite ability to prop up stock markets at increasing risk to the U.S. Dollar. Not surprisingly markets quickly embraced the ‘new normal’ but in regards to the global economy it’s been a slow motion train wreck in the making.
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As a new or even intermediate trader, the surest way to shoot yourself in the foot in the foot, with a bazooka, is by being a contrarian. Especially when the information that is in front of you is telling you the exact opposite.
Dear Diary, Today is the 467th day of my existence. Last night I was updated to fix some bugs I had in my profit taking exit algo, but aside from that it’s business as usual today.