Tucker and Putin and Biden Oh My!
Brief reflections on a history making week including:
Highlights from the Tucker-Putin interview.
The Special Counsel's Devastating Report.
Operation Replace Biden kicks into full gear.
In this Week's Sovereign Sunday:
91 Indictments are dropping fast as cases continue to implode;
The Immigration Spin - why the President has all the tools necessary already;
Plus all the best memes and tweets of the week.
Only in Sovereign Sunday.
Your free, weekly newsletter.
To read the full article, subscribe now by clicking the link below! 🔥
The long-term success of your investments relies on time in the market, not timing the market.
— Warren Buffet
𝗧𝗵𝗲 𝗥𝗲𝗮𝗹𝗶𝘁𝘆: It's 2024. Throw that garbage out the window. -Me
This week we dive deep into the heart of the border dispute in Texas and why it matters.
- The LA Times arrives at a rest stop on the way to its ultimate destination - bankruptcy and hari kari.
- The $83 Million woman and her magical world.
- and as always, the best darn memes
Is there a crystal ball? 🔮
A summary of Wall Street's market predictions and reflections for 2024.
You may be surprised. And you may not be familiar with Gell-Mann Amnesia Theory if you bet money here...
For those needing their weekly download in political sensemaking here’s Weekend Sovereign Sunday Recap:
Suit up and boot up, it's time to vote.
Trump's coronation plus the end of the Haley campaign.
Plus the tense situation at Eagle Pass, Yemen and all the News that's Fit to
Short and Sweet.
Last chance to secure your membership to the
@Alpha360X
community at this crazy discount.
Less than 5 hours left to take advantage of our end of year sale.
50% off the Pro Membership and everything that comes with it.
2024 is going to be a barnburner.
@TommyThornton
@PeterZeihan
"Turns out, these 7 days are more likely to be higher than any other 7 days of the year, up 79.5% of the time." (Ryan Detrick)
However, everyone knows this.
And when everyone expects markets to do something, they tend not to play along.
Not bad for 60 days work.
Even better, you should see the portfolio performance.
In 2 months, we beat just about everyone's 12 month performance.
And we're just getting started....
Link in bio to learn more.
@TommyThornton
@PeterZeihan
We still may get a decent lift into year end but don't overstay the welcome.
𝗕𝗼𝘁𝘁𝗼𝗺 𝗟𝗶𝗻𝗲: 𝗜'𝗺 𝗮 𝘀𝗲𝗹𝗹𝗲𝗿 𝗻𝗼𝘁 𝗮 𝗯𝘂𝘆𝗲𝗿 𝗶𝗻 𝘁𝗵𝗶𝘀 𝗽𝗵𝗮𝘀𝗲.
Talk to me mid-February and let's see who was right. -MK
Sports Illustrated the latest woke and broke casualty.
Plus all the News that's Fit to Meme.
-MK
To read the full article, subscribe now and click the link below!
While not the BIG NEWS that everyone is awaiting (the spot ETF approval that is anticipated in the January 5-10th time frame), the recent FASB accounting rule change is also a very big deal that should significantly expand and hasten the willingness of big corporate firms to hold
@WilliamGreen72
@RickRieder
Ask him who in their right mind would loan their money to the US govt for ten years for a real annual return of approx 1.5%?
Last trading day of the year!
Time to sell those losers if you've got 'em to offset the gains.
Time to make that last minute contribution to your IRA, 401k and retirement accounts.
Remember, it's your duty as an American to pay as little tax as legally possible. 🇺🇸 ✌️
It's never a layup to be short (high time preference vs. madness of crowds or to paraphrase Galbraith's famous quote - market irrationality > your solvency)....
But this is a 𝙨𝙡𝙖𝙢-𝙙𝙪𝙣𝙠 time to raise cash or trim longs.
Consider the precedent set by legendary investor Paul Tudor Jones, who gave Bitcoin his vote of confidence in 2020 when its price was just $7K. Now, with Larry Fink describing Bitcoin as a 'flight to safety' at a price point of $25K, the signal for investors is loud and clear.
So move now if you want to radically level-up your finances and life.
Today, at 12AM EST the price is going back up to $110 a month/ $998 a year... so get in now, because you won’t see it again at this price.
2. Supply Dynamics: Two-thirds of all Bitcoin has remained stationary for over a year, indicating a strong 'diamond hands' sentiment among holders. This implies that the true "free float" of Bitcoin is around 33%, equivalent to about $215 billion.
@TommyThornton
@PeterZeihan
I write a free weekly newsletter for 10,000+ subscribers on radical ways to build and preserve wealth.
Join me to upgrade your knowledge of markets & investing.
And if you want to piggyback my trades in real-time, upgrade to Alpha 36Ø Pro.
The Trading Gods demand sacrifice. Sell a portion or feast on earnings? The choice is yours. 💰💸
$LPTV had a killer week. Can't complain about that.
Need more ideas? Check out the link in my bio. 🔗
#trading
#earnings
#investing
#wealthbuilding
@TommyThornton
@PeterZeihan
Here are a few more inflow stats over the last month that give me pause:
1. Month to date buy skew ranks in the 99th percentile across all channels
2. Long only buy skew ranks in the 95th percentile, largest since March
3. MTD buy skew is 5x greater than prior monthly average
@TommyThornton
@PeterZeihan
𝗧𝗵𝗲 𝗢𝗳𝗳𝗶𝗰𝗶𝗮𝗹 𝗦𝗮𝗻𝘁𝗮 𝗖𝗹𝗮𝘂𝘀 𝗥𝗮𝗹𝗹𝘆 𝗶𝘀 𝗮𝗯𝗼𝘂𝘁 𝘁𝗼 𝗯𝗲𝗴𝗶𝗻:
While I flagged the mid-November positive skew into year end, the 'official Santa Claus Rally' historically is the last 5 trading days of the year and the first 2 days of the new year.
All you really need to know is that Bitcoin CAN’T be inflated away like the dollar, there is a finite, limited supply, and some of the biggest names in finance (Larry Fink) are now cheerleading it.
5. Anticipating the Next Halving: Bitcoin’s historical price movements have been significantly influenced by block reward halvings, events that cut the rate at which new Bitcoins are created.
When you also have the likes of Mexican billionaire Ricardo Salinas, Peter Thiel, Tim Draper, and Abigail Johnson, along with numerous Silicon Valley and Wall Street luminaries backing it, Bitcoin emerges as one of the market's most undervalued and misunderstood assets.