From a macro top-down framework, the current environment heavily favors the bears. The leading data continues to show expected weakness in the economy over the coming 3-6 months.
I would love to hear your feedback, have a wonderful day!
As you all know by now, I believe this is an event-driven outcome due to section 232 tariffs on Uranium. The decision will be made in April with a high probability it is passed. The blowback is likely higher electricity costs from Nuclear, natural gas is an alternative base load energy.
When you short a stock you are taking on infinite risk, if the roles were reversed I would not be as tactical with this position. For now, it looks like we will trade slightly higher before another opportunity to short appears.
The US is EXTERNALLY funded, they cannot become Japan, don't be crazy! In order to become Japan, the currency will be sacrificed as they buy back the 35% of US Treasuries held at foreign central banks.
Tradingview can be a madhouse of dubious traders changing their minds by the hour. As a reserve asset, Bitcoin will behave in tandem with precious metals and to some degree like treasuries.
For now, we have the perfect environment to rally, to what degree? Time will tell!