Fire and Brimstone Thumbnails

Tuesday 7th May - Daily equity Update

Oh boy, people are hanging their hats on GFC 2.1. Wait did March 2023 ever really become GFC 2.0 so is this time 2.0 or was that time 1.1?

Doom porn can be so confusing.

I am not here to tell you we are heading into a continuation of a multi-year bull market, but at the same time who wins from constantly talking about the implosion of the financial system?

Some may have heard me talk about snakes on a screen. Our brains have developed to see three main predators. Tree-climbing cats, large predatory birds and snakes. Is it a coincidence that we see long wiggly patterns in charts?

Most people I feel right now think we are in the purple circle, as of this morning I think we may be in the blue circle.

As ever things change but I have a toggle that will get me out for some x% of a loss. So if consensus thinks we are heading lower shouldn’t we balance that they are wrong using our tools to risk a fixed loss against some unknown upside?