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This morning marks another record high for the portfolio, I’m pleased to say. I’ve taken profits on absolutely nothing, and, importantly, Bitcoin just gave the signal I’ve been stating clearly we all wanted to see: a minor trendline, signaling the commencement of an analog.
featuring the latest one “chosen” (now dismissed) from the task at hand: David Sacks
Welcome to Friday. I’m not comfortable doing any kind of deep dive into the markets at the moment, since the obese crime lord may be lining up another trading scheme and might spring a “Truth” on us at any moment, but I will at least say this: this week, featuring its three diminishing “jolts“, has been worth of an entire book.
As I stand here, 96 hours after the first mega-jolt early on Monday morning, I am impressed how we’ve come full circle in the market, completely unwinding the explosive move that the stupid, inept slob set in motion with his Monday morning lies. Today is going to be another fascinating journey, and I think I’m looking forward to it. I am exceptionally short and ready to chart.
Remember AMC Entertainment? Back in the berserk days of 2021, it was considered one of the hottest stocks on the planet. What a joke! AMC has gone from $372 to a penny stock now.