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Ends: July 31th, 11:00pm EST 🕚
Watched this tonight.
It’s basically just a documentary magnifying how the majority of inner city blacks are completely reliant on the government.
Out of the people who couldn’t evacuate Katrina, 76% were black vs 28% white.
The majority of whites stayed by choice, mostly to offer assistance and volunteer.
The majority of blacks couldn’t evacuate because they don’t work, are on welfare, section 8, etc.
Hence, no car, no gas.
30,000 blacks sheltered in the Superdome where they beat and raped each other.
Vending machines were smashed and looted.
Drugs and chaos were rampant.
The rest of the documentary is just blacks bitching about how the government didn’t come in and save them enough.
Poor them.
Victims always.
It’s not enough that the government houses and feeds these people. They should receive free cars as well.
Just covered all of your stock requests in the video below!
Talked about a lot in between breakdowns, from sectors, to individual stocks, to my thoughts, charts, flows, and more..
Please lmk in the comments if you can see the video, some users have said X doesn't show all videos posted.
Been working on a thesis involving a potential market regime change.
Financials have quietly outperformed for weeks, while small caps and transportation have also started to lead.
What makes this rotation even more interesting is that it’s happening with inflation still elevated, treasury yields near recent highs and the market no longer pricing aggressive easing.
One of the more interesting things I’m watching is the $XLF / $XLK ratio (monthly chart below) 👀
Financials are currently outperforming tech for a second consecutive month, while the ratio sits near the lower end of a two-decade downtrend after recently hitting its lowest level on record.
Not calling for a secular reversal here, but if broadening continues beneath the surface, this could end up creating opportunities in parts of the market that remain under-owned and underappreciated.
And I don’t think the biggest beneficiaries would necessarily be the traditional banks..
There are seasons in the market.
Times to feast. Times of famine.
Right now, we’re in one of those slower stretches. A+ setups are scarce. Follow through has been inconsistent. Unusual flow has dried up. Chasing mediocre charts in this environment is how you slowly bleed your account.
That’s why it’s so important to recognize the market you’re in.
A few times each year, the market opens a window where everything is working. Momentum is strong. Breakouts stick. Quality setups appear everywhere.
Those are the moments to be aggressive.
Not reckless. Aggressive.
You can’t be afraid to swing the bat when the odds are stacked in your favor.
The flip side is just as important.
When nothing is working, capital preservation becomes your edge. If you catch a clean 20% move, take it. Don’t sit around demanding every trade turn into a 100% winner. Be patient. Wait for the next pitch.
The biggest mistake traders make is trying to force opportunity when the market simply isn’t offering it.
Death by a thousand cuts is far more common than one catastrophic loss.
The best traders don’t make money every day.
They make the bulk of their money during a handful of favorable windows each year, and they protect it during the rest.
Bitcoin is about to post its second consecutive weekly close above $60,000, reclaiming the .786 fib of the two-year trend and the S/R zone I have drawn..
Oh yeah, and tutes have been starting to roll exposure in $IBIT and $COIN for a crypto move in H2.
Kinda feels like everyone forgot about the cryptoverse, no? bitcoin:native ethereum:native