4/17 Markets set up the unexpected

Fed gives hints to markets, Biden's Policy affects on liquidity

Because I got some messages that people needed an extra day for the discounts, I extended the discount to the 19th of this week. I appreciate everyone joining the 420.69 Gang (Founding Members) and that the super secret coveted Merlin After Dark Channel is able to return! Thank you all for your support of this WizStack, my birthday was fantastic, 674 years old and I still feel 474 years old.

Subscription Discounts that END!!

If you aren’t already taking advantage of the student discount I really encourage students to do it. I want education to be accessible and for my stack to be less than your Netflix Subscription.

Student Special:

I’m also celebrating 1 Year on my Substack, so anyone that renews their subscription before April 15th (Wiz Bday), gets 15% off their subscription for as long as they are subscribed to the stack!

15% off Forever:

Thank you, deeply and truly, for supporting this stack and this community. We’ve been on a long journey with many great adventures, and I hope this stack has helped you grow not only as a trader, but as a person. That you have found some meaning in life and learned a little more along the way.

If you have learned even just 1 thing from here, I hope you also consider sharing the substack, RTing its posts, and just hitting the like button when you read it, because that allows for our tribe to continue to grow and for more people to get in on the wiz biz :) My goal for the substack this year is to grow it to 2,000 subs, and we currently stand at 1,300 tribe members strong!

Again, thank you! What an incredible honor it is to get to teach and be with you all each day. Here’s to another year of torching the markets!

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

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.

Llama Astronauts in Space…good omen

Someone asked me a silly question the other day why was I less funny on Substack than the original days on Telegram? (clearly they missed the wiz pods, im funnier than ever)

I don’t really realize this while I’m going through it, but I suffer generally from seasonal effective disorder from the months of November to February like a lot of my writing block came from that depression, I don’t tend to get a lot done during those months. I lost a lot of enthusiasm for my writing during that time. It was generally painful to get anything out and anything that I did get out. I wasn’t feeling like my writing was compelling one of the interesting things about human nature , that you can only discern truths about your own life by looking at the past to make sense of the future, we can be living our lives and be completely unaware of what we’re going through. Is things like meditation or so important because it forces us to stop every day and reflect on where I am currently and what I’m doing so that you aren’t constantly lost in this loop. It’s very easy life pass by if you fall into the transit, you have to be very self-aware and catch yourself and reflect you aren’t reflecting constantly about what’s going on with you and asking yourself the questions you aren’t able to find inner growth

The last two days in the market have been relatively uneventful. I wrote out that I was expecting mostly chop as well as on Monday. I wrote that I expected a sub 500 breach on spy which we achieve today we saw a very meager recovery in the second half statistically speaking, most bottoms are formed on a Wednesday, it’s not always the case but it’s a good rule of thumb to keep in mind. I’m not so sold, however that the weakness is actually over in fact I feel a sense of caution still in market, especially given up what I was watching today and options, flow a lot more updates options flow however that are being proposed funds are relatively uninspired and not worth the rest to reward , generally when I’m trying to calculate a very simple risk in reward, I do look to see what the odds are on the upside versus what I would lose putting up. I’ve said that a 30% return is considered excellent. You can think of that to odd I think that with bitcoin we likely are close to the final Lows. While I was willing to buy the dip today on it. I think that technology will receive some relief with the SPR now starting to release its reserves as I talked about a couple weeks ago. This was the expected course of the Biden administration