The market was better when everything was moving vaguely at its own pace, now it’s just moving in lockstep since the 10th-15th. Just infinite distorted chop since then. I like not having to look at the market every day and letting shit ride, now I feel glued to every hourly motion.
Just give us a few god candles with a blow off top and then do whatever the hell you want with it from
there because I aint putting a penny into the market if its going to be like this for another week
**Red day because retards closed all their positions to FOMO into 🥩 and lose it all at accelerated pace.**
# TL;DR: still fucking calls on data-centers 😎
What’s actually going to happen up until at least December is a rotation out of gold into equities and crypto.
Promise you will out pace gold until then. After that maybe you’re right. But you’re killing gains until then.
Volatility on these option pricing is literally keeping pace with the underlying GLD (or SLV at this point). My otm options have held steady in price even over the last 2% drop…
Even when it slows down, it will do so slowly. This is gold we're talking about. Not BTC or even SPY. It's moved by central banks and the dedollarization trade moves at a glacial pace.
GLD has recovered to resume it's multi-month trajectory after a minor bubble and crash last week. It's going to go up at a more normal pace from here. May pause here for a little bit since it is gold miner reporting week.