MARKETS ABOUT TO BREAKOUT
Chartfest, Data Dump, lots of good info today
Forward
IMPORTANT - I WROTE A TON TODAY - LOTS OF NUANCES IN WHAT I’M WRITING AS WELL AS COVERING, TAKE YOUR TIME TODAY, READ THRU AND REVIEW SLOWLY.
Welcome back from a long weekend, and congrats Tribe, we were once again successful in predicting the NVDA ER, which was it ended right at the wiz number of 1060 by week end. We are now witnessing the fruits of it with another leg in semis starting at the start of a very important week in both data and earnings.
I love this set up this week, and I believe a lot of stocks are showing us good entries to play how I think the markets will break out, which is ultimately higher from here.
We also had an easy +100% play on AMD from the weekend, and QBTS traveled about 15% higher for us today.
Additionally, I really like the swings we were setting up into today, and I think there is more to come.
With PCE, GDP, Corporate Profits, as well as earnings like COST 0.00%↑ DELL 0.00%↑ ZS 0.00%↑ MRVL 0.00%↑ all just due on Thursday, we have a jam packed week ahead to make plenty of cash and celebrate on a shortened week.
I think liquidity so far is giving us all the answers we need to determine how the market will decide to interpret the data. Additionally, PCE as I show lower is pretty much already known.
Subscription Discounts
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:
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.
Reflection
The Art of Slowing Down: Why Less Can Be More (Our motto of the summer)
In our fast-paced world, it's easy to get swept up in a relentless current of activity. We chase deadlines, juggle commitments, and scroll through endless feeds, often feeling like we're barely keeping our heads above water. But what if the key to a more fulfilling life lies not in speeding up, but in slowing down?
Living slowly isn't about laziness or inefficiency. It's a conscious choice to prioritize intentionality over frenzy. It's about savoring the present moment, appreciating the little things, and making mindful choices that align with your values. Here's why slowing down and managing your emotions can be transformative:
1. Clarity and Focus: When we constantly rush from one thing to the next, our minds become cluttered. By slowing down, we create space for clear thinking. We can prioritize tasks, avoid multitasking, and approach challenges with a focused and calm mind.
2. Deeper Connections: Slowing down allows us to truly connect with the people and experiences around us. We can give our loved ones our undivided attention, savor the beauty of nature, and appreciate the details that often slip by unnoticed in a hurry.
3. Reduced Stress and Anxiety: The constant pressure to achieve can be a recipe for stress and anxiety. When we slow down, we detach from the "always-on" mentality. This allows us to manage our emotions more effectively, fostering a sense of peace and well-being.
4. Increased Creativity: Slowing down allows our minds to wander and explore. This can spark creativity and lead to new ideas and solutions to problems. It allows us to tap into our intuition and make decisions that are more aligned with our authentic selves.
5. Appreciation and Gratitude: Living slowly encourages us to appreciate the small joys in life. We can savor a delicious meal, feel the warmth of the sun on our skin, or simply enjoy the quiet moments of solitude. This fosters a sense of gratitude for the simple things, enriching our overall happiness.
How to Embrace Slow Living:
Practice mindfulness: Techniques like meditation or yoga can help you become more aware of the present moment and detach from racing thoughts and emotions.
Disconnect to reconnect: Take regular breaks from technology to reconnect with yourself and the world around you.
Simplify your schedule: Learn to say no and prioritize activities that truly matter to you.
Savor experiences: Slow down and truly appreciate the things you do, whether it's eating a meal, talking to a friend, or spending time in nature.
Manage your emotions: Recognize your emotions and develop healthy coping mechanisms to deal with stress and negativity.
Living slowly is a journey, not a destination. It requires practice and intentionality. But by embracing a slower pace and managing your emotions, you can unlock a more fulfilling and meaningful life, one where you savor the present and appreciate the journey as much as the destination.
Markets Coverage
