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Hey Nerds: Blockchain

CH1 said:
USD index measures the greenback vs a basket of currencies, but I honestly would have to research the impact the index specifically has on the loonie.

the obvious beneficiary of a weaker benjamin is the EURO (take a look at the recent chart) and GOLD — GET SOME!
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The CAD is such a goddamn puss. It's really pathetic for it to be so much lower than USD.
 
Curaleaf closes the grassroots acquisition. Could be sell the news I suppose but I'm expecting a bit of a move on them today. If I went heavier I would have only sold half yesterday but my position size was just so small. Wasn't worth selling half. I'll let my core run I suppose.

Could test yesterdays highs IMO.
 
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Market can still grind higher, but I see more downside than upside.... so I’m now more inclined to raise cash than to invest it.
 
SLV finally consolidating a bit. Should have a lot more downside, but who the fuck knows really when it comes to SLV bull runs.
 
CH1 said:
Market can still grind higher, but I see more downside than upside.... so I’m now more inclined to raise cash than to invest it.
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Whatever its worth , my buddies at BMO are saying the big boys are about 1 month away from another round of tanking in the double digits
 
Something wrong with my computer. It’s saying SLV is down. Hold on. Let me try rebooting...
 
GEEMAN said:
Whatever its worth , my buddies at BMO are saying the big boys are about 1 month away from another round of tanking in the double digits
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Tell them to hurry, some of my puts expire August 14.

August is seasonally weak. I imagine people will want to lock in profits before they head to The Hamptons.
 
There's always a "massive dump is imminent" narrative. Pandemic or no pandemic. I get the thesis. I really do. We "shouldn't" be near all-time highs, yet here we are.
 
Preston said:
There's always a "massive dump is imminent" narrative. Pandemic or no pandemic. I get the thesis. I really do. We "shouldn't" be near all-time highs, yet here we are.
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Yep, the wall of worry, keeps the market grinding higher.
 
This guy has been a good chartist to follow. Neither bullish or bearish bias. Has ridden the trend higher for months....

 
I'm short SPY, Long Z. Long APT.

Prob will sit on hands and chill all day.
 
As predicted, not doing much today as chopfest continues. made coin on Z long and Spy short. APT continues to squeeze upwards.

But I miss those big moves either way. GLD ripping which is helping the RRSP move forward.
 
Leaning slightly bearish because Nasdaq should have ripped higher on higher bond prices (TLT) but it seems stuck. We'll see.
 
That SLV recovery man. Good lord. Still at 60% of my original SLV position. Will buy more if it dips but otherwise I am happy to hold that cash, which consists of about half the profits I already made on SLV. If we get a SPY dump, much of that cash will be slowly placed in VTI to add to my already substantial VTI long.
 
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