Good morning STB!
I’m getting tired of being gloomy. I actually hit a positive note Monday and last week. Sadly, positive news is difficult to come by. I know narrative spin is real and bad news sells, but they’re not really reporting all the bad news, especially globally. Turning over stones, I’m finding more snakes than … whatever good lives under a rock. They’re not reporting any positive news either. It’s out there, but not in the measure needed. Bottom line is things are changing fast. Year of the dragon, age of Aquarius, Biblical prophecy - pick your path, they’re all kinda melding to nail the global vibe. Transition is a great word here. From record global debt to global tensions to the rise of AI, feels like a crapshoot to me. God bless America, we’re very blessed to be here. Oh, I almost forgot the next pandemic. It’s here if you haven’t heard. Mask warnings are just starting. China has people falling out all over the place. Not connected to the new round of deaths, note that China’s population is being speculated to be as low as 600 to 800 million. It was 1.4 billion.
Good v evil
On to the lie -
Minis flat. If the daily indicators are right, I may just get my lower high sometime soon. On the weekly indicators, next week either breaks through or a rejection happens. CDS will be back in the news soon as global default, even domestic, becomes more of a mainstream topic. Job losses are happening as AI is integrated. Robots are coming. Gold and bitcoin are getting bids. They want war, cause it’s the only cover for the debt situation. My call of the event and default was 15 years too early. STB best trade, it’s timeless. I’ll add, Trump hooking up with Palantir and Altman’s OpenAI is the worst combination possible for our future. Wild thought, Grok may be the only AI trained to be on humanity’s side.
Have a good day.
GL and GB!