The Stonk Market's Red Flags: Are You Ready?

Let's step out of our usual crypto comfort zone today and delve into the intriguing world of the stock market, or as the cool kids call it, the "stonk" market.

We seem to be nearing a critical point where things could start going haywire in the global economy. But we're not quite there yet. Take a look at this monthly chart since 2007:

To be frank, it could be a nasty "surprise" right hand shoulder top where traders, just having ditched their bearish outlooks, are about to get royally screwed.

Let's not beat around the bush - the past few weeks have been highly bullish. We're almost back to where we were before our dear friend JPow started raising rates. But, is it all too bullish? My spidey senses are definitely tingling.

A fellow BJJ friend of friend, Kris Sidial, who's a real whiz at tail hedging (think Taleb, but less of a pompous ass) recently highlighted the huge amount of option selling going on in the market right now. This could catch traders off guard when it explodes. It's definitely worth a read.

The 10-year yield seems to be pricing in higher rates, but the stock market is sceptical. The billion-dollar question now is, how to navigate this tricky terrain?

So here we are. My spidey sense is tingling that ITS ALL TOO BULLISH.

Which could be me just being contrarian.
Which is a problem because you sound smart being bearish but make money being a bull.

How to navigate this.

I’ve got a system (literally)

If it keeps going up, I’ll stay long.

If it starts going down I’ll short the fucker into a shallow grave.

Right now we are long bitcoin.

I don’t know if its gonna work out.

Has so far, right?

But I don’t HAVE to care.

That’s the beauty of it.

I’m a simple man, with only a few spare fucks at this stage of my life.

I can’t spare any fucks to doomscroll the news about this stuff.

It hurts my brain.

Antoine.