Please Tell Me You Didnāt Fall for Meme-Stock Craze II
It happened again. Meme stocks like Gamsetop (GME) and AMC Entertainment (AMC) had a round trip again, leaving countless retail investors in the dust. The apparent culprit behind the boom-bust in these names was an anonymous poster named āRoaring Kitty.ā Whether or not this individual was responsible for the rip (and subsequent rug- pull) in…
Flowing With the Current-Seas
My time over in Europe has finally come to an end, and as I fly over the Atlantic Ocean heading back towards the United States, I was just thinking of some economic word play behind the word currency. Iāve also been working on a new Mastermind class and trading pattern that Iām eager to show…
Meditating on Ancient Banking: Part II
Thereās a Lot More the Ancient Romans Can Teach Us About Modern Banking My travels in Italy are still ongoing, and I decided to come out of the countryside and head to the capital for a few days. Itās been about 10 years since I last visited Rome, and, of course, my life has changed…
Meditating on Ancient Banking
Iāve been over in Italy the past couple of days, enjoying the geographical and time-difference arbitrage to the United Statesā markets. Itās rather peculiar having the market closing at 10 oāclock at night instead of 4 oāclock in the afternoon, but it gives me much more freedom during my mornings, so I canāt complain.…
The Coming Currency Crisis
Real markets matter. They dictate everything.Ā The bond market has a reputation for where the āsmart moneyā plays, but it pales in comparison to the size, magnitude, and importance of the currency market. In fact, I would argue that everything that happens in financial markets is ultimately downstream from currencies. Iāve said it before,…
Is Time More Important Than Price?
If youāve been around in this business long enough, I can almost guarantee that youāve heard the saying, āThe trend is your friend.ā This is undoubtedly true, but Iāve taken the liberty to add a second-part to it, which goes like this, āThe trend is your friend, until the trend ends.ā Sounds great, right? It…
Something Just Broke the Markets
It looks like we have a victor from the latest battle in the bond market, and this round goes to the bears. After last weekās stronger-than-expected payroll report, we saw interest rates spike, and bond prices were crushed lower. My cyclical factors were pointing to the dangers of this move, and while I still think…
Battle of the Bonds!
Well, thatās a wrap for Q1 2024! Markets did not disappoint in the slightest, as stocks across the board hit new all-time highs (save for the Russell 2000).But as we are in the precipice of a new quarter, there are some notable shifts taking place, not only within the stock market, but also within the…
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