@BIGDIPBUY@BeforeTheRocket For risk management, technical analysis, and developing good execution I recommend Jared Wesley from Live traders on YouTube. His videos are long but he’s an excellent teacher.
.@Mike_Pence says today he was “deeply offended” that I don’t trust that the government told us the full truth in the 9/11 Commission Report. Well, I find it offensive that our government repeatedly lies to us. Here’s the TRUTH: the FBI quietly declassified documents in 2021 that definitively reveal the government lied to the public about basic facts of Saudi Arabia’s involvement in 9/11, until documents were declassified and they changed their story 20 years later.
Omar al-Bayoumi, a 42-year-old graduate student, welcomed, housed, set up bank accounts, and gave rent money to the first two Qaida hijackers after they landed in Los Angeles in January 2000. Al-Bayoumi claimed to have met the two terrorists entirely by chance: The 9/11 Commission report verified that Bayoumi’s altruism was in the name of hospitality, as he claimed.
The FBI, 20 years later, changed its story. In documents declassified last year, the Bureau affirmed that Bayoumi was in fact an agent of the Saudi intelligence service who worked with Saudi religious officials and reported to the kingdom’s powerful ambassador in Washington.
U.S. government officials continue to lie about other matters of public importance – the origin of Covid-19, knowledge about UAPs, Hunter Biden’s laptop, how our money is actually being spent in Ukraine, the Nashville trans shooter manifesto – with a complicit media that just accepts the prevailing narrative without question. This fuels rampant public distrust. There is no credible evidence that 9/11 was an “inside job,” but ironically, when the government systematically lies about Saudi involvement and the media runs interference, that lends plausibility to an otherwise unlikely claim.
There’s no such thing as a noble lie. With all due respect to the former VP, the reason the people don’t trust the government is because the government doesn’t trust the people.
$GOOGL (Daily + Weekly)
Really nice consolidation on the daily following that massive 20 point breakout in May. Only name out of the mega cap techs that has tested the 50sma in the last 3 months with the last one being AMZN on April 12th
In the last 1 month, GOOGL has pulled back -4% while the QQQ has moved up +5%. Many might look at this as "relative weakness" but I am not seeing that...
One thing you can notice from looking at this weekly chart over the last 2 years is that this name likes to base out/consolidate for many weeks before making very aggressive moves in short periods of time. Back in April this thing consolidated for 6-7 weeks before a massive +17% move in 10 days... Not surprised this name has been consolidating for this long following that massive base breakout
Current weekly chart flagging out for 6 weeks now and held the weekly 9ema and that 116 spot. Really like the lower wick last week, buyers present where they are supposed to be. Any dips above $116 buyable in the short term imo. This chart is very much intact and a top watch to the long side as we head into second half of the year
@StratonOak@RockyBTrades Also took an L on it today. Got into those flow calls on a buy setup and got stopped out. Half the reason was due to the drop in IV after all that flow.
If I were an evil ruler who wanted to make a society depressed, I would:
1/ Disincentivise family formation & maintenance
2/ Make the food supply toxic
3/ Encourage sedentarism
4/ Discourage in person interaction
5/ Make the physical environment ugly
6/ Confuse people about their identity
7/ Bombard the population with negative news 24/7
8/ Make people feel guilty for things they didn't do
9/ Stoke distrust between men & women
10/ Stoke distrust between races & ethnicities
11/ Destroy trust in institutions
12/ Promote 'existential threat' doomsday narratives
13/ Make people afraid to speak their mind
14/ Discourage and denigrate belief in God
15/ Wait...
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$SPY $SPX $TSLA
@RealJGBanks Sell. Personally, I would just wait. Candle pushing all the way back up to resistance with no resting candle or higher low pivot made. That big engulfing candle up to resistance not through it will increase the chance of it failing on first initial retest for a short term short.