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The issue I see is risk with the big components are making up more and more of the NDX increases every month. The breadth continues to narrow to basically AAPL, AMZN, MSFT, and GOOGL propping the whole index up right now. So long as these 4 stay strong, it probably keeps melting up. But one...

I never said it wouldn't hurt the US economy. I said it would hurt the US economy less in relation to its economic war competitors. Of course the US economy will also suffer.

Bitcoin is actually infinite you just keep going down decimal places as its value increases. But you are right that the banking elitist and world governments would do whatever possible to prevent such a move by the worlds populace. They are never giving up their power and control to Bitcoin...

The US is in a stronger position than China or Europe, its two main economic competitors and that is what matters.

As crazy as this sounds, the rest of the world has one clear option ready to go to fight US dollar domination. Bitcoin. Not saying it will happen, but it is logistically ready to be the world's reserve currency if enough people just up and adopted it overnight.

The EU is not likely to survive whenever the next major financial calamity hits. It barely survived the Greece debacle a few years ago. When the shit hits the fan, the southern EU nations are not going to stay in and be subjected to years of depression if they need to reflate their economies...

Correct, and it can't be the Euro. The Euro will be at risk of dissolving again if another serious financial crisis hits its member states. So that leaves you with Gold. Look at a gold chart, who is willing to put their fortune in gold right now? No one. There has been a concentrated effort...

But that is not happening, at least not at the moment. Look at any FX chart, the USD has been strengthening against everything. The wealthy are calculating how to preserve their wealth right now. They all ask the same question: If the United States is in an economic war against my country...

Agree this is an economic world war right now. Who needs tanks and guns when you can manipulate currency or disrupt global supply chains to damage economies as leverage for your negotiating tactics against your economic competitors? Or facilitate regime change against your enemies? No one...

My signal oscillates between long and short, so I'll stiff sniff around for the short side after the indexes stall out for several days. There haven't been many pullbacks since April began, but NQ can provide some 300 point drops over 3 - 5 trading days that can provide some nice returns if you...

Broccoli man is way smarter than Crypto Genius.

The open looked weak, but sellers seemed to evaporate at 10:06 EST and equities went straight up through 10:55 EST. Does anyone have any ideas for a catalyst at that time other than BTFD buying coming in?

I have no clue who would gain anything in a lose-lose scenario like that. Hopefully the Lira is stabilized so better decisions can be made by all parties involved.

From the linked article, the greatest threat in the Turkey Crisis is that Erdogan imposes capital controls where monies will not be allowed to exit the country. This would in effect cause immediate default on the the $500B of credit assets financed by the international financiers as debt...

Beware the 2PM EST news statement from some random white house official aimed at goosing the markets in the final hour this week. Seems like when there is a threat of a weak close these days, the administration trots out some stooge to provide market confidence. They usually make statements...

I will not get too excited about any weakness unless I see the 4 horsemen of the bull market begin printing red days. AAPL and AMZN are green, GOOGL is flat, and only MSFT red right now. If BTFD crowd is in control, these four should finish green today.

That is why I said at the end for every 1 that does it, 49 others fail. Maybe 100 or more fail. The odds are highly unlikely. But there is zero chance to ever build up a ES, NQ or CL futures approach this way. You need to churn out hundreds or thousands of 1-2 lot futures trades with an edge...

I think it is more feasible to make rapid out sized gains using options than with a futures trading approach. 1. Start with $2,000. 2. Divide the account into 25% plays. 3. Hit an one out sized winner, a 10 bagger, on 1 of the 4. The other 3 lose, but the 10 times winner pushes the account...

They sure piled into the long side with about an hour to go didn't they? I like the futures contract option play, limited risk with the ability to catch a snap back to ATHs. Much better to take on a limited risk play especially with the Turkey currency crisis unfolding and now elements of...

I think the bull run holds so long as the 4 Horsemen, AAPL-AMZN-GOOGL-MSFT keep moving upwards. Due to the weighted nature of the NDX, these 4 stocks alone accounted for 56% of the NDX gain in 2017. From the APR 2, 2018 low to today, the 4 Horsemen accounted for 67% of the NDX gain...