Hello friends. This is our primary wave count for Bitcoin. It's the scenario where we set up the ultimate trap for retail idiots and take them for absolutely everything. They will have NOTHING when this is done. Send it up in one last epic push and make their monkey brains press the buy button, and then Bitcoin experiences the most epic crash of all time. During...
Hello friends. We have entered into a large size of puts on QQQ dated for 8/18. We think that the price will fall rapidly because liquidity is drying up, banks are failing, lending standards are tightening, the yield curve is inverted, rates are likely staying at 5.25% for the entire year, and the US market is deeply overvalued.
"When it's raining gold, reach for a bucket, not a thimble." - Warren Buffet Hello friends. We think that this is a big opportunity to get bullish exposure to gold miners, and it's good to adjust the sizing according to the edge so we are building a big long position for gold miners. There are several factors that make this a great time to get long. For one...
Hello friends. We bought some 10 puts on MARA that expire on 5/19 with a strike of $11 for a price of $2.05 each. Mainly we are doing this as a proxy for shorting Bitcoin with puts. Since the crypto options market is illiquid while the MARA options market is liquid, and since MARA is strongly correlated with Bitcoin, this works well. MARA is correlated to Bitcoin...
Hello friends. The 'Banking Crisis' is over. It's really been over since around the end of March, but now it's completely and utterly over as of this week because global search trends for 'Bank Run' have reverted all the way back into the normal range. Panic is gone. Since panic is gone, bank runs are gone. Bank runs only work when people are panicked, and people...
Hello friends. We think that the announcement on the 20th that Buzzfeed News will be shutting down is very bullish since it led many unskilled retail traders to panic sell as the share price plummeted in reaction to the 'bad news'. The reality is that this news isn't actually bad, since Buzzfeed is just consolidating its Buzzfeed news segment into its Huffpost...
Hello friends. The fair value has continually fallen since the middle of March, but just now there was an extinction event level liquidity withdrawal that saw it plummet by over 3% in the blink of an eye. The market is now trading almost 8% above fair value and is poised to crash rapidly throughout the rest of this earnings season.
Echo bubble inbound... 3... 2... 1... blastoff !!!
Hello friends. Floki was recently listed on Binance US and many 'American crypto investors' blindly bought in -- err, I mean they 'wisely invested their dirty fiat into a super bullish cryptocurrency poised to become the next One World Currency and out meme the Big Dog'. As a result, the price of Floki increased massively and provided us with yet another shorting...
Antara Capital has made a ludicrous amount of money with an under-the-table deal with AMC created to dilute apes to death and keep the dying company alive for as long as possible. The agreement was that Antara Capital would all buy a bunch of APE shares, and then vote them all in favor of allowing APE to convert into AMC. This was necessary because the AMC company...
Hello friends. Considering the recent double drop in liquidity, it makes a lot of sense for the market to fall throughout the rest of the week. We shorted 1 contract of ES. Let's see.
Reality is almost always a perfect inversion of common expectations when it comes to markets.
Hello friends. We are very bearish on the market since our wave count & the market liquidity are telling us to be. We expect that the ES will see a sharp and brief wick sweep of the highs located at 4177.75 in order to clean out retail stop losses before moving lower. After this sharp clearout, we think that markets will start to drop rapidly and continue...
Hello friends. We are heavily short on risk now. We specifically bought some puts on the SPY that will expire tomorrow at a strike of four hundred ten, but we also have some longer-term plays targeting a decline into around the ~17th where we expect that a reversal may occur based on wave theory. The market is currently quite overvalued relative to liquidity....
Hello friends. If you just bought Dogecoin because they changed the Twitter logo to a Doge, you have been Musked. Every other time this type of "bullish" news event has happened, the strategy has been the same: Long it at first to get in early, and then short it once the herd has bought in. We think a little more juice may be left in the lemon, but not much. We...
Hello friends. We think that AI is the next big bubble, and we expect this bubble to expand into the euphoria phase through the rest of this year even as the rest of the stock market is flat to down and big names start to topple over. We think the best play for this bubble is the ticker AI since retail traders seem to love trading this ticker, which implies that...
Hello friends. We will go long on Dogecoin if the price can fall a little more to our entry at $0.069. The idea is entirely based on wave theory and in particular the leading diagonal pattern from wave theory. We have observed that after this pattern, the price tends to pull back to exactly the 0.618 retracement level and then move extremely fast and hard in the...
Hello friends. This is our shorter-term wave count. It fits *inside* our macro wave count, but it is so small that you can't see it on the macro count very well. Our current plan is to short the ES on Monday if it can pop up a little higher, expecting the wave X correction. This is contingent on liquidity not rising, and ideally falling, before that time. We will...