To The Moon

VIX Pops... May I ask, which way? 

Yup, tariff clock 🕰️ indeed is ticking... but for who? The assumption for many in the trading community are concerned, or are they? 

I will answer the very first question above. VIX did Pop, it was simply deflated with the benefit of hindsight. As shared in the image below, it spikes a little before staying at its low point. More on this later.

Now to the next question. 🙋 Indeed, tariff watch ⌚️ was on and running towards the deadline of 9 July, which happens to be tomorrow. However, this clock is always meant for Donald Trump! Remember the now infamous quote of TACO? 🌮 Yup, Trump Always Chicken 🐓 Out! He must be praying 🙏 hard after a winning week that more countries would "help" his ego and signed on the dotted line to "pay" US some fees without asking for anything back. So far, he has only napped some small flies like Vietnam and Britain. 

He had understand from April that he won't get China to give him anything. He has to give in to China instead so that the rare earth minerals can flow. However, he had misread the rest of the biggies, those of India, Japan, EU... Oh! Even a relatively smaller fry like South Korea (how dare they not come to pay a "service fee"! [Facepalm]  [Spurting]  )

Trump has misread the importance of US to the world economy. Yup, it maybe the largest economy, but it is not so dominating that the world 🌍 has to worship it. Like what happened to AI and chips restrictions imposed to China, given enough will power and resources, things could still move along... 

So sad 😭, he has to lose face again with the TACO 🌮 treat for us all. He must have patted himself on the back for pulling the latest trick of putting a later start date to the new tariffs plan, and pray 🙏 that more countries would bite. It's kind of strange if you ask me. If 90 days of negotiations can't get the deals through the line, how would doing a 20+ days be any different? The world 🌍 must be waiting in glee with his TACO 🌮 treat again! [Facepalm]  [Tongue]  [Duh]  [Chuckle]  [Evil]  

Lastly, about the trading community. I have been hedging, but if you look at my shared image below, it appears that I am early as usual. The trading community on the other hand appears outright complacent! [OMG]  I don't have to look far, 🐯 greed index and bitcoin price paint the picture nicely. How else can you explain my hedging loss, while winning nicely in my other positions? Positions related defence, oil, technology and even lithium mining! 

Gold and silver ETFs and miners for precious metals and critical minerals are my other hedges that did well. It doesn't make real sense, since they appear opposite to those punters' favourite bets. But, it all makes sense if I group that all to simply HOT MONEY looking for landing zones... anything hot 🔥 flies! So, you know what I think about the tolerance level this unusual crowd stands.

I will continue to do what I do. That is, trimming my weak positions while continuing to partake in this continued rally... into madness... or ... [Gosh]  [Spurting]  

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