Most people don't realize how big of a growth wave we are currently experiencing.
So far, with 88% of S&P 500 companies reporting earnings, the index has posted +50.4% growth in earnings year-over-year.
To put this into perspective, the already astronomical expectation of +23.1% growth has been more than doubled.
This will mark the 2nd consecutive quarter of earnings growth above +25% and the 7th consecutive quarter of double-digit earnings growth for the S&P 500.
The last time growth was this strong was in Q2 2021 as the US economy emerged from the pandemic and $4+ trillion in stimulus was handed out.
We are arguably in the midst of the biggest technological revolution in US history.
The data is absolutely insane.
@htltimor Not drinking it means you need to carry it on your back and that will lead to a less favorable center of gravity of the water.
Therefore, it might feel more strenuous to carry it, instead of drinking it.
@Crypto_Chase@Trader_XO I'm pissed at myself for not taking the short because of being distracted by real life stuff... But then, if strategy goes to 100, what will BTC do...
So, if BTCUSD on Bitstamp is 'most reliable', we are looking at a possible cross on the D and 12H either close of today or tomorrow.
The 3D is halfway, but that happens sometimes. A bit confusing not to have a consistent signal but hey ho.
Wait for the cross and use Risk Mgt.
I think I figured it out. The recent dump wasn't the same on all exchanges. Especially the one with high volume of derivatives were harder hit. And arbitrage in USDT pairs. So that makes the stoch a bit confused now, as it takes that into account.
Maybe Bitstamp/USD is best.
October 14th video now available! (typically this would be on Whop, but wanted to give back to followers during a rough period)
- HTF levels I'd bid on $BTC $ETH $ES $NVDA n where I flip bullish for new ATHs if lower levels don't come
- Flash crash / altcoin / CT community rant
@htltimor I'm wondering though... Each time there's a massive crash or correction, it feels like 'this time is different' and in the end the market just continues to run.