🚨 MAN WHO DIED IN 1940 IS CURRENTLY MANAGING THE S&P 500 🚨
Sounds insane until you look at this chart
Jesse Livermore mapped a 14 step speculative cycle in the 1900s
Every bubble in history followed it!
Now look at where the S&P 500 is right now
Step 1 through 6 printed perfectly
Accumulation, breakout, distribution, test before selling short
Each one exactly where Livermore said it would be
We just hit step 6
That's the point Livermore called "test before selling short"
And the macro is confirming it right now
New Fed Chair just held rates while inflation climbed back above 4%
Consumer sentiment hit a record low, below every recession trough in 75 years
Five stocks are carrying the entire index while the average S&P member is already down 21%
Livermore didn't need to know any of that
He just knew how bubbles end
If you've been following me closely you knew when and why S&P 500 would start correcting
Many of my followers also took profit from the GOLD pump
The next stock market updates will be the most important ones
The reason is simple - we're entering a correction phase
Turn on notifications and you'll realize how much valuable info you've been missing by not doing it sooner
This pattern of 15 good(ish) years (white portion of the box) followed by 15 years when you had better be a market timer (yellow portion) has worked all the way back to the 1830s. The next yellow box starts about now.
If you're selling covered calls on stocks like Nvidia, you're tying up $20,000 in capital to earn a 2% monthly return — while carrying the full downside of 100 shares in a highly volatile stock.
Most traders don't realise there's a way to run the exact same strategy with the same income potential using a fraction of the capital.
In this video, you'll learn why the standard covered call has a structural weakness nobody talks about, and the strategy you should be using instead.
https://t.co/OsITzIzEJ7
$NVDA $MSFT $AAPl $AMZN
INSTEAD OF WATCHING A 2-HOUR MOVIE.
Watch this Anthropic Claude for Finance lecture.
It’s probably the best free hour in quant AI right now.
Bookmark it and watch it today, no matter what.
If you trade the #SP500, then definitely check this video out going into this week.
I cover my signals on $SPY and why they are pointing to a move up towards $800 and potentially $850.
Milton Friedman:
“Tell me, is there some society you know that doesn’t run on greed? You think Russia doesn’t run on greed? You think China doesn’t run on greed?”
“The world runs on individuals pursuing their separate interests. The great achievements of civilization have not come from government bureaus. Einstein didn’t construct his theory under order from a bureaucrat. Henry Ford didn’t revolutionize the automobile industry that way.”
“The only cases in which the masses have escaped from the kind of grinding poverty you’re talking about are where they have had capitalism and largely free trade.”
“I never use valuation to time the market. I use liquidity considerations and technical analysis for timing. Valuation only tells me how far the market can go once a catalyst enters the picture to change the market direction.”
— Stanley Druckenmiller
Billionaire investor Ron Baron explained the silent math destroying your wealth:
Your money loses 4 to 5% of its purchasing power every single year. The economy grinds higher at roughly 2%. That is a relentless 7% headwind against you, annually.
What that really means. Prices double every 10 to 12 years. Your savings are cut in half in real terms within about 15 years. Cash sitting idle is not safe, it is decaying.
The system is structurally engineered to punish savers and force capital into risk just to survive.
Broadcom, really bad looking chart.
Semiconductors are done for a while.
You can see the cycle analysis is clear. And that "Island Reversal" is a killer. Target: $335 in July-August.
Want these charts? https://t.co/aJfSZO2BXk
Ray Dalio says we're approaching bubble levels last seen in 1929 and 2000
"It's entirely within the power of China to say let's have a week of no chips coming out - all AI stocks would crash, the stock market would crash."
"All great technology changes produce bubbles. People think buying the stocks is betting on the technology. It's not. The stocks can be expensive."
The people who win from AI won't be the ones buying Nvidia at 40x revenue
They'll be the ones who actually learned to use it
Watch 13 minutes video. Then read the article
Equal-weight S&P is at its most extreme underperformance vs. cap-weight in decades
@CarterBWorth says it can only be one of two things: a major market bottom or a major market top...