- In 2015 China had a retail boom-bust 🔥
- It did not take long for retail to find out who
was going to hold that bag 💰
- Covid, tech, and monetary policy in the US have conspired
to create another retail frenzy ⛈
- I attempt to overlay 2015's fundamentals, technicals, and psychology
to the current scenario 🏹
- Just a little observation and thought-experiment...
Previous 102 days = 52 green, 50 red, and the Nikkei has still lost 8.3% (-2,550)
Don't overthink it. The pressure is heavy and the trend loves you. 💜
Need to get over 29,000 to reverse trend.
The not-so-stable coins, aka the emotional coins, were on display this weekend in Miami and I was looking forward to a coherent agenda boasting some confident, blood-vessel popping eye contact. Welp, at least Matthew Lesko showed up to re-ignite those childhood nightmares. The coin base may be in for a bit of a shake, rattle, and sell-off if we can't reclaim the...
