The Rock Choi
@RockChoi0144
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Few buy and hold investors understand the real risks due to so many years of government bail outs and inflationary monetary policy: 1929 top - 25 years until meaningful new highs 1966 top - 17 years until meaningful new highs 2000 top - 13 years until meaningful new highs
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For a good sold in the US for $100, ~$12 go to China (base for tarrif). The rest, $88 for the design + shipping + wholesale + retail + branding, etc. go to US taxpayers! If demand for it drops by 50%, China loses $6 and US agents more than $44, that is 7x more contraction.
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It's a simple question. If we can consider the entire market period since QE began in 2008-2009 to be a massive secular bull market, what were the essential underlying conditions that created it? Well, QE and massive gov't deficits. Are those underlying conditions fading?
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I made the mistake of turning on the financial news on TV. Do yourself a favor and stay far away from this nonsense fueled by hype and Monday Morning Quarterbacking. Everyone is an expert in hindsight, but 99% can't beat the S&P 500. What a circus! I rarely watch the clown
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I periods of increased volatility, don't let your brain get frazzled. These are some routines/processes to help yourself get centered, take one swing at a time, and feel a bit more in control (see examples below.)
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Wealth is in GDP not Bal of Trade. Imbeciles. People who think a country's wealth is in BoT are bringing us back to Louis 14 (Colbert), MERCANTILISM, i.e. maximizing national wealth via metals & trade surpluses using tariffs & colonization for raw materials.
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People always ask, "Why do you even respond to the haters and the Negatoilets?" Because THEY are the ones who need help. And i am the one who wants to learn and practice how to love more. It's easy to love those who are nice and agree with you. Try loving your enemies.
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The Tariff Act of 1930, also known as the Smoot–Hawley Tariff Act, was a protectionist trade measure signed into law in the United States by President Herbert Hoover on June 17, 1930.
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"The way to deal with racists is to NEVER use moral arguments (they are insensitive to them). Just prove to them that their "race"... was comparatively sub-par for a very, very, very long time. Just like the current condition of "inferior" races. That, they can't handle."
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I will post this chart maybe only once. Then you make up your own mind 1929 top - 25 yrs until meaningful new highs 1966 top - 17 yrs (ditto) 2000 top - 13 yrs (ditto) 2024 top - why not maybe 7 or so yrs (ditto)? Got a better narrative??
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When price is pulled so far away from 5 SMA, typically market consolidates for 2 days to get closer to 5 SMA. (blue line). Highly unlikely to get close on Monday.
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The S&P 500 is down 15.6% since President Trump took office. Yes, this is very early, but that currently ranks as the 5th worst return while in office going back the past 33 Presidential terms.
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According to my friend Tom McClellan's perspective @McClellanOsc (with which I agree) during the past 96 years the DJIA has been either correcting or consolidating in all but 41 or so years Making no progress has been the rule
I will post this chart maybe only once. Then you make up your own mind 1929 top - 25 yrs until meaningful new highs 1966 top - 17 yrs (ditto) 2000 top - 13 yrs (ditto) 2024 top - why not maybe 7 or so yrs (ditto)? Got a better narrative??
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My grandfather came to this country from italy and opened a pizza restaurant in 1935, which he later passed down to my father and then to my brother in the 70s. I dropped out of school in the 8th grade and worked as a musician to support myself while I pursued stock trading in
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If you think we are out of the wood, even if you turn out to be correct... you're a child trader that will eventually blow up.
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This simple investing foundation WORKS. We NEVER argue with price. We let PRICE ACTION GUIDE OUR ACTIONS.
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Look at the volatility on $GDX big shakeout and turn. This kind of volatility will collect your stops, if you are trading too big lately you are probably getting a good beating. Careful!
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Lemme lay down a marker: The chance of a 2025 recession have risen enormously. (And pointlessly.)
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Great tactic to "measure" strength or weakness in the markets. ETF list. Tells us BROAD BASED SELLING. So..we are careful here. Thankful for our tactics!
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If you’ve been following my positioning, you’ll know I initiated an $SPY short back on February 24 and trimmed half of that position on March 11. Today, I will be putting a tight backstop on the short position, which means I will stay with the decline, but will likely get stopped
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