I cant ignore this one anymore. Twitter is absolutely going nuts with euphoric calls on every single shit stonk. The only fundamental thing driving this beast is - no tapering.
Inflation is sky rocketing.
Labor market is out of control.
Affordability crisis at its worst.
Supply chain disaster is looming.
Future earnings is all that really matters and all of the above is saying earnings will be down.
President has dementia and is not fit to run our country. (I hold zero political views so don't poke me for this. Party that I think I fit into had less than 2% of votes so nobody gives a shit about what I think)
I know bears are not welcome in this environment but I am not here to tell you what to do but to document my own dumb ass actions. Do your own DD and dont yolo after pajama pants traders.
A few thoughts:
- I do believe yesterdays rip was a blessing to bears and a chance to double down while everyone chased.
- Silver is going to the moon once everyone realizes it. What makes you think FB was not a cyberattack? What would happen if Coinbase got hit? How much harder is it to hit silver that you hid in your grandmas backyard under an apple tree in Poland? Yup, go get a shovel.
- Get some hard assets in your hands that you can hold on to outside of the system.
- BABA has never been cheaper, China is strongER than US at the moment.
PS that gap is at .382 fib retracement target of DJI from Mar 2020 to recent highs. Gap up was in Nov 2020.
Inflation is sky rocketing.
Labor market is out of control.
Affordability crisis at its worst.
Supply chain disaster is looming.
Future earnings is all that really matters and all of the above is saying earnings will be down.
President has dementia and is not fit to run our country. (I hold zero political views so don't poke me for this. Party that I think I fit into had less than 2% of votes so nobody gives a shit about what I think)
I know bears are not welcome in this environment but I am not here to tell you what to do but to document my own dumb ass actions. Do your own DD and dont yolo after pajama pants traders.
A few thoughts:
- I do believe yesterdays rip was a blessing to bears and a chance to double down while everyone chased.
- Silver is going to the moon once everyone realizes it. What makes you think FB was not a cyberattack? What would happen if Coinbase got hit? How much harder is it to hit silver that you hid in your grandmas backyard under an apple tree in Poland? Yup, go get a shovel.
- Get some hard assets in your hands that you can hold on to outside of the system.
- BABA has never been cheaper, China is strongER than US at the moment.
PS that gap is at .382 fib retracement target of DJI from Mar 2020 to recent highs. Gap up was in Nov 2020.
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