The energy market got overhyped with news that OPEC cut oil production by a large amount. This is normal for big news events -- the price first overreacts by flying much faster and further than it should and then has a harsh correction when reality sets in. We can trade this harsh correction with put options to expire at some point next week. Thanks for playing.
Hello friends. We continue to be bullish on the stock market. We think that this formation is most likely an ABC move to the upside, and the B wave should be complete very soon. If we are wrong, the other path for the price to take is to break down into new lows before an incredible reversal to the upside. We think this alternative is less likely.
The US 1 year chart is wrong. It didn't drop by 99%. Someone from Trading View must fix this before they cause a panic. Thanks.
Hello friends. We are not shorting LUNC yet because we think it will have another temporary pump when Coinbase lists it. Right when this happens, it will be a great time to get short. On the long side, it's harder to justify buying LUNC, because there is not a 100% guarantee that Coinbase will actually list LUNC. It's also not certain *when* Coinbase might list...
Polymarket says that there's only a 5% chance for Credit Suisse to go bankrupt before the end of the year. Traders have greatly overestimated this risk and think it is much higher. This has pushed the stock to an attractive valuation. On top of this, there has recently been a Scam Bottom pattern, which shows us that market manipulators are probably long and are...
Hello friends. We previously called the exact bottom of Twitter stock by using a probability analysis showing that Twitter was dramatically undervalued based on the market's expected probability of a Twitter buyout. Since then we have made even more money from Twitter stock, and we will explain our strategy moving forward. Polymarket says the probability of a...
Hello friends. Beyond Meat has become a stock with very asymmetrical risk and reward. The downside is only another $14.50, but the upside could be much larger. One could say that the stock has "Deep Fucking Value". Meme Stock Status BYND is certified to be one of the significant meme stocks retail speculators purchased in droves for a mind-numbingly retarded...
China will win WW3. The best option is to submit to our new rulers. Xi, I am sorry if I called you a pooh bear a few times. Please don't kill me. Thanks.
Hello friends. You would be excused for thinking inflation is high since this is what most people believe against all the evidence. And yet, lumber has utterly collapsed by over 75%. Some inflation you got there when a key commodity is falling by the largest amount in history. Powell may go down in history as the greatest clown of all time for hiking this rapidly...
We previously posted our idea about how ETHW would likely be pumped and how we would plan to short the top rather than riding the pump. We think riding pumps is usually riskier than simply shorting them at the peak. Anyway, we can see that the price did NOT form a Scam Top yet. This means that it *probably* didn't peak yet. Now, it does not *require* a scam top...
Hello friends. Dopamine junkie lottery ticket chasers do not have a long attention span. Once they buy a coin, what are their options? They have one. One option. Sell. The only real factor is WHEN they sell. What are the odds they sell any given lottery ticket coin if it does nothing but fall for a week? 2 weeks? 3 weeks? We will illustrate it with the...
Hello friends. Along with the merge, there was a brand new shitcoin released to the market. ETH Proof Of Work. This coin crashed instantly since the majority of traders sold all of their airdropped tokens, and has only now started to make a comeback. The people who bought this coin are already very deep underwater, and it is in a very strong downtrend on the...
Luna Classic long side speculators are absolutely disgusting, and unimaginably pathetic. These fools watched a 40 billion dollar market cap collapse to ZERO because of a ponzi scheme mechanic manufactured by Do Kwon, and are now speculating WILLINGLY on a token created by the SAME PERSON. This is sort of like if your business partner stabbed you in the back and...
Hello friends. This is our primary count for copper futures. We are extremely bullish. It's zoomed in, so here is the bigger picture: We have 2 key Fibonacci levels as well as the volume profile all indicating that the peak for copper will come in at ~$4.20. In fact, we would expect that it will come in at *exactly* $4.20 because the market manipulators...
Hello friends. You surely remember when I created my idea "The Greatest Short of All Time". And it was. XLE proceeded to print a mind-shattering collapse, exactly as I had forseen. But now, we have had a pullback as expected and it is time for a new short. There are several reasons why energy is bearish now. For one, there is a highly bearish seasonal window...
Hello friends. This chart of Dogecoin, AMC, and GME all indexed to 1 shows us the past performance of the meme sector. As we can see, high inflation and rising interest rates were not favorable outcomes for the Meme Market, and memes became less funny, which caused prices to fall. Now that no one is laughing from the memes, it could be the perfect time to make an...
Hello friends. Our last idea from earlier was "canceled" when we saw that the insider buying had eased off and the selling had ramped up the very next day. We closed the position at a small loss. Not shockingly, this change in insider sentiment led to yet another crash for risk assets. Now that risk assets have moved lower, insider selling has gone down and...
A few days ago we expressed our neutral stance of not having a good edge in predicting where the market would move next. Today we have rejoined team Bull, for many reasons. Insider buying went up substantially today. It is now at a notably high level, as it's been almost 3 months since we had buying this strong. Insider selling continues to be mostly...