Merlin’s Capital

Merlin’s Capital

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Merlin’s Capital
7/6 Pullbacks are a Gift
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7/6 Pullbacks are a Gift

...normally...

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Merlin Capital
Jul 06, 2023
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Merlin’s Capital
Merlin’s Capital
7/6 Pullbacks are a Gift
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Index

I. Forward

II. Reflection

III. Markets

IV. Analysis and Commentary

Forward

Identified in the chat in pre-market today, the market, SPY in this case, rotated down to 437, before bouncing back. Sensing a twist is coming the markets way however, and I cover it down below.

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

"Courage is the power to let go of the familiar."

- Raymond Lindquist

In order to be successful, you have to be willing to be wrong at times, or deemed wrong in the moment and endure it. It is not so much the boisterous and loud courage, but the soft and persistent courage that is the true strength in success. Because finding success is like a scavenger hunt marathon. It requires a lot of time, endurance, and searching for what works. You will find yourself alone a lot of the time, or on a trail that people don’t understand why you’re taking it.

But that is where your soul must find its courage and dare to take a path that you entrust. It may not always be the right path, but at least it is your path that you have dared upon. There is no one else who can say they did the same as you, or took the chances you took. You carve out the uniqueness of success by being a persistent little courageous adventurer. You are mighty. For it is just you who has found yourself where you are now. It is your story, no one else’s. That should be heartening knowing, that your life is your story, why not live it in persistent courage?

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Markets

I sense a bit of twist oncoming.

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