Index
I. Forward
II. Reflection
III. Markets
IV. Analysis and Commentary
Forward
What can I say really?
THAT’S JUST WIZ BIZZ BABYY
Max Difficulty for markets is still too easy for ya boy the wiz. We perfectly top ticked SPY and NVDA, and as I wrote yesterday in the daily starting out in Cash because the market will allow us to accumulate since we are right near the ceiling was all true.
Top ticking both NVDA at 475 and SPY at 437 (100%+ gainer off SPY). We will continue our positioning and set ups here as we knew the DXY was the real thing to watch and what the algo Volly identified on the VIX as suppression was indeed correct. Taking our puts and riding them all the way down on this long trap was clutch.
I will admit too, I took SMCI off too early from yesterday’s daily. If I had followed through with my plan, It would’ve been over a 16 dollar move, after identifying its distribution. I make mistakes, that’s ok, the really nice thing is, I still captured the essence of the markets move elsewhere and can realize and accept I’m not always perfect.
We are not done either, still more opportunity on this market move and we are perfectly positioned again! That’s some extra sprinkling of magic now that I am back from holiday and markets don’t need to wait for me anymore to go.
Anyways, there is much more to discuss today. Let’s get in to the wizness.
Housekeeping:
Wiz Pod released last night (I really liked doing this one, I hope you enjoy it.)
Discord is on the way, as I mentioned on the pod last night, I’ve been very very sick this last month, I need to walk through it myself to make sure it is right to support the growth of this special community we’ve built here.
I also take serious pride in this being an affordable educational site. I am adding a veteran discount on top of adding student discounts to subscriptions.
VETERAN DISCOUNTS FOR WIZ SUBSTACK (need a vmail.vet address)
STUDENT DISCOUNTS for WIZ SUBSTACK (need an educational institution address)
If you enjoy the stack, make sure to like this post, restack, retweet, subscribe to the tribe. It goes a long way and I think 95% of those that upgrade will say they’ve seen their trading improve incredibly. But enough of the biz, let’s get down to wiz.
Reflection
Hold confidence in yourself that you can be your own truth and your own decision maker. Realize that this is your life. A very special thing. Something that is granted only to you. You get to decide how you live it. Some circumstances are unavoidable and out of our control, but how we carry ourselves, our mindsets, our resilience to