Futures-options slinger. Data. Science. Pro smart a$$. Easily amused, not easily impressed. Judge me not by my character but by the quality of my bookmarks.
SPX500 retested that 50D moving average from the bottom at the open and hasn't looked back. Classic Bull trap. Going to test last weeks low. $VIX is activated and testing 20 again.
The Petro dollar runs the world, fullstop. BRICS is a failure and a race to the bottom. The US has been reaffirming their Monroe Doctrine abilities with the movements on Venezuela, and proxied with Iran, Russia and China, controlling, one way or the other, the flow of oil and its derivatives. China, lacking any influence in this fact, has to put its capital into something, and Gold is the next best thing, according to their logic. The US is betting on cryptocurrency/stablecoin instead as the alternative. JMO
It is this simple. Nothing in our capital markets is resolved until something is completely broken.
Capitulation is required.
Since the Covid Era (and before), we have been sleep walking our way to the edge, taking 100 million slashes until we are bled out. It is all slow motion.....until it is not.
I don't know when this exact moment happens, but I will know it when I see it.
They don't have to like him, he just needs to be electable for a split second. He is only where he is because the DNC needs a structured stopgap for the Senate. Just like they needed Biden in 2020. And like 2020, this will fail miserably in time.
In politics, when you can sell the narrative, alarm and panic that the world is coming to an end and it's the death of democracy, even an oyster farmer seems like a good idea.
There are only two types of people that ride Marta. Those that have to because they canβt afford to drive to their low paying job. The other, the affluent liberal who thinks he is fighting climate change commuting or who takes Marta to the airport once a year to avoid traffic. The rest are violent criminals looking for their next victim. Iβll let you guess the demographics.
The people that run Fulton county and Atlanta are incompetent idiots and are probably related to this guy. People that live in and around Atlanta know this. Itβs dangerous to ride and that will never change.
I am old enough to remember. Before you start busting #Potus' balls about the 'War' in Iran, remember this:
President Biden first authorized the use of the Strategic Petroleum Reserve (SPR) on November 23, 2021, ordering the release of 50 million barrels of crude oil in a coordinated effort with other nations to tamp down rising fuel prices.
Following this initial release, the administration made several more significant drawdowns, including the largest-ever SPR sale of 180 million barrels announced in March 2022 to offset supply shortages caused by the Russia-Ukraine war.
Many even argued this was a performative gesture to help his re-election as well.
The Behavior Analyst (qualified professionals) numbers seem reasonable, the Technicians (unqualified) are way out of range.
Look at it as a ratio for better understanding.
The Unqualified to Qualified role ratio.
In 2019 - 1.62 : 1
In 2022 - 3 : 1
In 2025 - 4.5 : 1
That's a problem.