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Meanwhile, Trump fired Powell for not cutting rates, then appointed Warsh, who now raises rates 1.5 months before midterms.
โ @futures
Cryptobolt
โ @futures
Cryptobolt
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Trading is brutal because thereโs nowhere to hide.
If you fail, itโs on you.
If you succeed, itโs on you.
In most areas of life, thereโs always someone or something else you can point to.
Your strategy failed? You chose it.
You overleveraged? You chose it.
You revenge traded? You chose it.
You blew the account? You did it.
In a normal job, you can blame your boss.
In business, you can blame your team.
In life, you can blame circumstances.
Trading strips all of that away.
Your P&L is a mirror.
โ @futures
Cryptobolt
If you fail, itโs on you.
If you succeed, itโs on you.
In most areas of life, thereโs always someone or something else you can point to.
Your strategy failed? You chose it.
You overleveraged? You chose it.
You revenge traded? You chose it.
You blew the account? You did it.
In a normal job, you can blame your boss.
In business, you can blame your team.
In life, you can blame circumstances.
Trading strips all of that away.
Your P&L is a mirror.
โ @futures
Cryptobolt
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๐ด Midterms Test AI Stocks
US midterm elections are becoming a key risk for AI stocks as backlash against data centers grows and calls for AI safety rules intensify. Lawmakers from both parties are raising alarms over AI safety.
If Democrats regain control of the Senate, it could trigger a stock sell-off. Bookmakers see rising odds that Democrats will retake both chambers of Congress, as Trump and the parties position themselves on AI.
โ @futures
Cryptobolt
US midterm elections are becoming a key risk for AI stocks as backlash against data centers grows and calls for AI safety rules intensify. Lawmakers from both parties are raising alarms over AI safety.
If Democrats regain control of the Senate, it could trigger a stock sell-off. Bookmakers see rising odds that Democrats will retake both chambers of Congress, as Trump and the parties position themselves on AI.
โ @futures
Cryptobolt
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Anthropic CEO Dario Amodei again called for slower AI development for public safety at a tech conference in San Francisco.
โ @futures
Cryptobolt
โ @futures
Cryptobolt
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Most traders already have the chart skills, but they keep losing because they want to win fast.
If you take it slowly, I guarantee it will be the fastest way to profits.
โ @futures
Cryptobolt
If you take it slowly, I guarantee it will be the fastest way to profits.
โ @futures
Cryptobolt
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โ๏ธ September Signals for US Stocks
For DOW, the start of September this year was its worst since the 2008 global financial crisis. Some experts call it a โsign.โ
Others note that SP500 and Nasdaq have not fallen since September began. Historically, September is the weakest month for US stocks, with selling ideally peaking mid-month before a strong Q4.
This year, a โTrump-pumpโ ahead of the November midterm elections could boost Q4. With the Iran fiasco and other failures, stocks and crypto could give Trump one of his easiest and most visible pre-election victories.
โ @futures
Cryptobolt
For DOW, the start of September this year was its worst since the 2008 global financial crisis. Some experts call it a โsign.โ
Others note that SP500 and Nasdaq have not fallen since September began. Historically, September is the weakest month for US stocks, with selling ideally peaking mid-month before a strong Q4.
This year, a โTrump-pumpโ ahead of the November midterm elections could boost Q4. With the Iran fiasco and other failures, stocks and crypto could give Trump one of his easiest and most visible pre-election victories.
โ @futures
Cryptobolt
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๐ช๐บ EU Seeks China Auto Cuts
The EU is asking China to voluntarily limit car exports. Chinese hybrids currently account for about one-third of the European market, and Brussels wants that share cut to 15%.
The EU also wants China to buy more European products. Ursula von der Leyen said the blocโs trade deficit with China had reached โฌ1 billion.
โ @futures
Cryptobolt
The EU is asking China to voluntarily limit car exports. Chinese hybrids currently account for about one-third of the European market, and Brussels wants that share cut to 15%.
The EU also wants China to buy more European products. Ursula von der Leyen said the blocโs trade deficit with China had reached โฌ1 billion.
โ @futures
Cryptobolt
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โก๏ธ JUST IN: JUST IN: Trump says "very big things" are coming in regards to Iran.
โ @futures
Cryptobolt
โ @futures
Cryptobolt
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Since Trump Took Office:
Gas +39%
Diesel +69%
Utilities +15%
Jet fuel +100%
Health care +13%
Ground beef +25%
Elon Wealth: +122%
Wall Street Profits +22%
CEO Pay: +14%
Real Wages: +.5%
Trump Wealth: Doubled.
Trump Cabinet: 8 members worth $100M+
โ @futures
Cryptobolt
Gas +39%
Diesel +69%
Utilities +15%
Jet fuel +100%
Health care +13%
Ground beef +25%
Elon Wealth: +122%
Wall Street Profits +22%
CEO Pay: +14%
Real Wages: +.5%
Trump Wealth: Doubled.
Trump Cabinet: 8 members worth $100M+
โ @futures
Cryptobolt
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