2 things worth noting ...
see too many "oh the fed is gonna cut rates this is bullish for $SPY $QQQ $BTC "
check notes on FedFunds chart (Blue and Yellow lines)
FF is blue, $SPX is yellow
Squint your eyes and look what happens when blue goes down
Next... unemployment...
colored plot is the z-score of unemployment (the blue line)
Check what has happened essentially EVERY time the z score has reached these levels (what did the blue line do afterwards)
I put vertical white lines where these instances have happened since 1974
This is not day trading fast moving advice
birds eye view
do what you will with this information π
@0xMerridew Nah everyone is naturally born to procreate and that need is toxically nurtured out of them
Deep down everyone wants kids (unless an alien I canβt speak for them)
@HorusL91809@nequalonetrader negative corr to SPY brother.. no need to benchmark to something it's not relevant to and the QEPs investing in this want growth + preservation, not just growth with the occasional 20% or more drawdown