Positions Going Into Weekend

STOCKS
Symbol Position Date
Position
Opened
Price
Position
Opened
Week
Closing
Price
Percent
Change
Total Open Profit/Loss Stocks N/A
FUTURES
Symbol Position Date
Position
Opened
Price
Position
Opened
Week
Closing
Price
Percent
Change
ES Short 12/14/22 4052 3860 4.7%
MBT Short 12/16/22 16650 16530 0.7%
PL Long 12/29/22 1068 1084 1.5%
ZS Long 12/27/22 1510 1524.3 0.9%
Total Open Profit/Loss Futures 7.9%

Long Platinum

Platinum completed a small rectangle pattern. I am long with a stop at 1048 and a target of 1140.

The Coming Market Crash of 2023

There is no question that sometime next year a massive stock market panic is going to occur similar to 2008 crisis. Money supply going negative is a rare event. The fact that it has went negative and stayed negative has not happened since I have been following monetary data.

All key yield curves have gone deep into negative territory.

It is very unlikely that this does not result in a massive stock market sell off sometime next year.

Short Bitcoin

I took a small short position in Bitcoin. Stop is at 18240 with a target of 10000. It completed a descending triangle a few weeks back and has been lingering around. Its retest today looks like bearish price action to me.

Short SP500

I decided to take a short position in the SP500. Its bumping up against the upper channel. Stop is at 4120 with a 3600 target. This is a very small short position.