Positive Things To Say About This Market + Tesla

 Positive Things To Say About This Market

 

Today, I decided to take a break from my usual routine, which is to mercilessly mock the criminal cartel that runs Washington, and the world, and who would like nothing more than to steal investors money. These are the same bankers, lawyers, and such, who like to hold up signs calling the other side crooked.

Crooked Democrats Grandstanding

 

I also needed a break from all the extra charting I've had to do lately, as the bull market continues to fizzle.

Positive Things To Say About This Market 

Fun Fact: The quote, "if you have nothing nice to say, then say nothing at all", comes from the Disney movie Bambi, in a way that is supposed to build character, and show empathy, by offering encouraging words to others. 

1. I have yet to hear one person complain that they got caught up in the most recent pump n' dump scam of the century - the Crypto market craze. That could be that they are too embarrassed to admit it, but I'd like to think that most Trump supporters saw it for what it was. Judging by what I'm seeing on Truth Social, folks over there are not as caught up in the daily market moves, as the financial trolls on Twitter/ X would have you believe.  

2. If you are worried about the market, I can assure you that the bullish trend is not yet broken, no matter how hard the sad clowns who read the teleprompters at the financial networks, would have you to believe. That's not an opinion, but an observation, from someone who knows how to read a chart. 

3. A good technical development in this market, is that those who thought they could simply short the short sellers - by short selling the multitude of bear ETF funds - are finding that strategy can backfire in a big way; whether it be shorting the 2X $VIX bull, or even a Crypto bear fund!

Yesterday, I offered a good example, using the inverse Tesla $TSLS chart, which was shorted in order to help drive that particular Mag7 stock to the moon. The whole reason Tesla has been cut in half, is that it traded to obscene levels, in the first place.

$TSLA TESLA I can't show you any good chart views of Tesla, because I don't want to give away any targets, but the one below is a good example of the ol' pump and dump. Stocks don't always go up, and breakouts to new highs are more often, than not, bull traps. Buyer beware! 

 

Google was Pumped and Dumped the same way, though the false reporting of a "new chip", and you don't see them doing a victory lap as Google crashes to 4 month lows lol  

 4. More good news is that the left - being emotional as they typically are - can't seem to hide their TDS for even 1 day, and that means they are constantly showing their hand, and that makes them an easy mark. 

One of my trading rules is "don't show your hand", because loose lips sink ships, and I suspect that these same folks who have been crying about the market going down, will soon be buying this market hand over fist, in a massive short squeeze! Stocks tend to rally in the spring, and I see no reason at all why this year will be any different. Money must be put to work... and as long as the economy is strong, passive investing will drive the market higher. 

And that ties in nicely with yesterday's blog: 

Is It Going To Be Different This Time?  

Take Care, AA 

 

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