IncomeSharks

Midterm years are the most volatile because the markets start becoming hyper focused on headlines. Average drawdowns of 15 to 20% are typical. Same reason at some point we'll probably see talks of recession touch 60 or 70% on Polymarket even without getting one.

The previous correlations between assets and hedges appears broken. We somehow get $DXY down, inflation up, precious metals down, stocks down, but then Bitcoin up. Which is something crypto holders might have been waiting for, enough confusion where suddenly crypto makes sense.

Have a feeling Monday finds its way down into the gap that was created.

X is the only social media I have so I do apologize for those that follow that want charts and trades not my dumb takes on things. It's my outlet for hip firing ideas and opinions with zero filter. You can ignore or argue back if you need to vent, I don't block anyone.

If you aren't willing to make sacrifices you won't ever be successful.

I miss the days when CPI was the big news for the week. PCE and CPI this week.

Conspiracy culture is getting out of control.

From a panic scale of 1 to 10, X makes every single event or a headline a 10. People are not incentivized to tell the truth anymore, they make money by selling you fear. Mainstream media use to be bad but I think we are at the point social media is even worse. It's exhausting.

$TSLA - Approaching a possible buy zone. Just had to be patient once the diagonal broke. I assume a lot less are interested at lower prices now than when it was higher.

The top 10 countries most affected by the Strait of Hormuz being closed:
Japan
South Korea
Pakistan
Bangladesh
India
Thailand
Philippines
Taiwan
Singapore
China
The top 3 countries least affected by the Strait of Hormuz:
United States
Canada
Russia

The US now exports more oil than it imports. This is important because that was not the case in the 70s or 80s or 2000s. Better insulated but still affected. The difference between a 2022 midterm type correction versus a massive crash.