We shot up and then collapsed early morning and now we’re rising again. This, in my opinion, was a shake out. The good news is price action is constructive. You should not be fooled by early sellers and not shy away from the fact that military stocks are through the roof, as we prepare for war with every single country that disagrees with our degenerative ways.
I will begin to add to positions here, keeping a hedge long TMV — which is short bonds. If we get a risk off scenario, rates will skyrocket higher.
Bottom line: Now is not the time to panic.
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B E L I E V E
Part reality but mostly the show must go on. The game is there and must be played. Narratives, that’s part of the show program. They mostly all turn to dust.
Stock market will behave like the crypto market soon. Fundamentals won’t matter. It will just trade based on memes.