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The Trade That Took the Wind Out of His Sails

NowPress play to follow along0:00 / 24:36
Chapters12 segments · tap to seek
ticker lesson

Breakdown

0:00lesson

Market psychology and chart analysis

  • Chart picks good, leave alone
  • Wall of defense thinning
  • Activity above red line shows bears improving position
1:52lesson

Anthropic and OpenAI competition

  • Anthropic created from interviews with Daario
  • Venture capital skeptical of AI projects
  • Anthropic going public before OpenAI
4:04lesson

IPO performance and market sentiment

  • VCX showing signs of life
  • SpaceX IPO underperforming
  • Anthropic IPO expected to be significant
6:04lesson

Market trends and gap analysis

  • South Korea dragging market down
  • Head and shoulders top at 10.22
  • Japan EWJ gap analysis
8:10lesson

Trading mistakes and risk management

  • SMH puts sold quickly
  • Stop-loss orders used religiously
  • Smaller positions for better risk management
10:09lesson

Market volatility and retracement

  • AI bubble inflection point
  • Retracement setup for harder fall
  • Position sizing for smaller losses
12:03lesson

Technical analysis and chart patterns

  • Right triangle setup for Sienna
  • GLW rally with formidable top
  • SOXS blowup in five days
14:14lesson

Precious metals and market sentiment

  • GLD breaking trend line
  • Silver more vulnerable than gold
  • Potential drop to 3500
16:17lesson

Bond market and interest rates

  • Bond market closed on Veterans Day
  • Interest sensitive stuff dipping
  • LTG and HYG stable
18:16lesson

Short-term market movements and patterns

  • ABT and Accenture multi-decade channels
  • Ion Q and Lenar down due to rates
  • Rivian and Echoar exhausted
20:30lesson

Long-term market trends and support lines

  • Cubes trend line support for market
  • ES trend line pierced at 7241
  • Counter trend rallies dangerous
22:31lesson

Market risk and position management

  • 30 short positions deployed
  • Sensibly sized SMH puts profitable
  • Risk management crucial in volatile markets

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