Saturday, 12 June 2021
Friday, 11 June 2021
In summary, the line of least resistance is still to the upside. Stocks are trying to break out, but there has not been a very convincing effort yet. If follow-through doesn't take place, the bears will take another shot at the market. Next week will be key for the markets. We're entering into sessional "cool-off" phase and have FOMC on Wednesday which could be a catalyst.
A pullback wouldn’t surprise me with valuations stretched, growth rates peaking, the fed tightening liquidity, leverage near highs, a short squeeze underway and tax hikes on the horizon.
Monday, 7 June 2021
"You begin to awaken"
The beginning of freedom is the realization that you are not "the thinker." The moment you start watching the thinker, a higher level of consciousness becomes activated. You then start to realize that there is a vast realm of intelligence beyond thought, that thought is only a tiny aspect of that intelligence. You also realize that all things that matter - beauty - love - creativity - joy - inner peace - arise from beyond the mind.
You begin to awaken.
All bulls need now, is for those all time highs to be confirmed with a break-out.
However, there is still the possibility that the resistance at or just above current levels will hold.
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