Breakout Dud
The explosive breakout from Thursday night’s session has now been unwound. I’ll be doing a video this afternoon to consider what’s next.
Make or Break for BTC
Well this is nervewracking.
Bonds Falling from the Sky
America’s best days are in the past. Specifically, about twenty-six years in the past. The world is starting to clue in to the fact that America is a failing power, and an increasingly poor credit risk. Thus, U.S. bonds, formerly the pristine gold-standard of safety and security, continue to show signs of weakness.
Lighter Than a Feather
For the entirety of this week, my portfolio positioning is going to be deliberately very, very light. When I’m at my most aggressive, my commitment level is 230%. Right now? 53%. It feels like being in all cash.
