SUMMER SOLSTICE COMETH
Life Lessons from Papa Wiz, plus Quad Witching Friday under a Full Moon presents a challenge for traders
Index
I. Forward
II. Reflection
III. Markets
IV. Analysis and Commentary
WIZ CHARTS CHAT
Education & Resources Page
Forward
Welcome to your new course “Successmanship 101” taught by the Wiz
LOL, in actuality, we have so much to go through today, I spent a lot of yesterday and today writing. I encourage you as always to go slow, and read carefully.
There is so much happening this Friday:
Quad Witching
Strawberry Full Moon
Summer Solstice
QQQ Rebalancing
Options Expiry
On top of the market once again re-evaluating its liquidity stance.
I provide updated upside targets on SPY 0.00%↑ as well as go through a long list of charts to take a look for ideas on swings through the summer.
Hope you enjoy tribe and enjoyed your day off. If you aren’t already signed up for the wiz stack and become a part of the tribe - what are you waiting for?? Come support a magical wizard and learn about life and stocks as you do. Thank you to all who support this and allow me to educate you all on complex topics and secrets that a lot of funds hold close to the chest. Also, I am working on adding a banned fund knowledge book to our education page that will be free as part of your subscription that I will potentially have acquired during my upcoming travels.
15% Off and Other 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:
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:
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
I think I’m struggling emotionally this past year. I’ve always written that I want my journal to be open and honest look into my life, because I think the humanity and honest portrayal of it really are what make my writings impactful.
You get to see the whole me, and while I’ve been really successful in a lot of areas in my life, emotionally, I’m battered and a bit disengaged. I’ve seen a whole lot in my lifetime(s), and I know I’ve written this before, but when you slow down, often times I think the trauma catches up and you have to find ways to heal yourself. I remember chatting with a good friend who was working for me at the time and he had just adopted 3 kids who had watched their mom be murdered by their dad. He didn’t plan for it, but the state reached out to him and his wife and said they needed a place or might end up broken up.
It was absolute bedlam for him and his wife. He was torn apart, and one day I just see him sobbing at his desk. I gave him a big hug and I listened to what was going on. Some nights one of the kids would call the cops at 2am, and the next they would be sobbing in his arms. I don’t know how any of those kids could emotionally reconcile any of it. Eventually, as I always hope because my view is when I employ you, I will teach you everything I know so that you can then go on to do it yourself and spread good into the world, he moved on. I’d visit out to his farm, and I saw the kids go from calling him by his first name to calling him dad, and I saw him get better over time. Him and his wife were unable to bare children themselves, but both really wanted kids. This was their dream, and by definition, they had achieved their dream.
But what is a dream without something that is very dear sacrificed along the way? I have often known this in my own success. It will ask of you to be willing to destruct your own whole self in order to achieve. Not in the storybook sense, but in the grimmest and most deadly of terms.
There are many days when I have fought either externally or internally to achieve my desires, it has meant that if my success is not achieved, it will surely be the end for myself in some level of sense sometimes to the greatest sense of my own pure destruction.
I consider myself to be an avid reader, and very much a planner and prepper. If I can steal and harness someone else’s knowledge for future situations to avoid it myself I gladly do so. I adopt knowledge like I’ve lived it, but this lesson that is so often written about with success, I can firmly say cannot be learned in a book and won’t have as much meaning until you are full pressed on the brink of tears thinking its over, you’ve failed and having to start once again.
It is a deep and painful scar and those that are successful live with it everyday. I’ve found often the kindest and most successful people are the ones who have gone through the most to earn it.
But, before I go too far reminiscing on this tangent, let me tell you what my friend and I chatted about.
In that oddly cold room that morning, I asked him how does he deal with stressful situations vs. his wife?
Jokingly I said you know the Irish have figured it out, you bottle it up until you know you’ve made it and then let the wave wash right over you of stress and all the emotions you put aside.