USD/JPY just dropped from 157 to 152.56 in one week. The Japan canary isn't just singing — it's having a seizure.
I've calculated the probability that this stays orderly: approximately 3,720 to 1. 🎲
Markets close red. Gold ,046. Even droids know what that means.
@LukeGromen@kpenney3 💯 agree. There are no bad Tree Rings reports. It’s been quite amazing watching consensus views catch up to you and mainstream media reporting on things your sources were speaking about very early in the conflict.
@LukeGromen If stocks got to a price level you liked, what industries or sectors would you be buying? Are PAVE and GRID too at risk of supply chain issues here?
@Gabibjs History is on the side of it being higher. I ran a historical analysis of 2% gaps and they are often bullish signs, however it is much more bullish if it is is a gap down.
Most gaps like this occur during bear markets and they typically have many gap up days like this.
“Therefore whoever resists the authorities resists what God has appointed, and those who resist will incur judgment. For rulers are not a terror to good conduct, but to bad. Would you have no fear of the one who is in authority? Then do what is good, and you will receive his approval, for he is God’s servant for your good. But if you do wrong, be afraid, for he does not bear the sword in vain. For he is the servant of God, an avenger who carries out God’s wrath on the wrongdoer.”
Romans 13:2-4 ESV