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10/19 Powell Underwater
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10/19 Powell Underwater

Powell's speech inspired volatility

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Merlin Capital
Oct 19, 2023
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Merlin’s Capital
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10/19 Powell Underwater
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Index

I. Forward

II. Reflection

III. Markets

IV. Analysis and Commentary

WIZ CHARTS CHAT

Education & Resources Page

Forward

What a wet and wild day, more volatility and swings in price action reflecting a seriously illiquid market.

The SMCI puts got us right into the targeted 270 with a over 15 dollar move. More plays were brought up in the chat today.

BIG DAY AND WEEK FOR THE WIZ BIZZIN TRIBE

Looks like tomorrow’s MOPEX will be very interesting, and just as a friendly reminder, I don’t trade Fridays, and I expect I’ll mostly be away from my desk tomorrow off on wizarding side quests.

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.

Refer a Friend and Receive Discounts off your subscription

Refer a friend

VETERAN DISCOUNTS FOR WIZ SUBSTACK (need a vmail.vet address)

Get 30% off forever

STUDENT DISCOUNTS for WIZ SUBSTACK (need an educational institution address)

Get 50% off for 1 year

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

George Washington was known for his poise, particularly during difficult and stressful situations. He was able to remain calm, confident, and collected, even under immense pressure. This was one of the many qualities that made him such a successful leader.

Some examples of Washington's poise:

  • During the French and Indian War, Washington was captured by the French. He was held prisoner for several weeks, but he never lost his composure. He remained calm and dignified throughout his captivity.

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