Thank you to everyone who indulges me by watching my Weekend Edtion each week. The last two titles have been "cautiously bullish" (1/9) and "the S&P is Lying to you" (1/16). Pretty spot on but what matters a LOT more is how I am positioned myself and with my subscribers. They will come into tomorrow morning short gold puts, short QQQ, short XLK, and short META.
Did I know this geopolitical stuff would drop over the weekend? Of course not. But the context has been pointing to a shaky market for two weeks now. Go back to those two videos. I believe they are a master class in what people should be paying attention to. I',m contantly talking about CONTEXT. Extreme sector divergence, weakness in tech, failure of NDX to rally with rest of market, ourperformance of shit stocks in the Russell, etc.
Oh yeah, and I'm still ONE of the ONLY people out there that keeps track of ALL trades and running p&L, etc. Not sure why that is not a PREREQUISITE for anyone charging people for trades, but I've been saying for a long time that this industry is kind of ruined by charlatans, so folks don't trust or believe anyone anymore. Can't say I blame them. Tomorrow should be interesting to say the least. Good luck to all traders out there.