Pope Material
Congratulations to Pope Leo XIV — the first Pope ever from the United States. The betting markets got this very wrong, assigning less than 1% probability to Robert Prevost for getting elected as the new Pope. That’s a 100x-bagger trade right there!
Only one brave man got this right. What seemed like a joke tweet by the White House a week ago, turned out to be prophetic…
…so when President Trump says “Buy Stocks”, as he did again on Friday, the Market pays attention. This is the second time he’s saying it in a month. The first time generated +14% return in the S&P. However, the starting point was much better than today, since it was preceded by a sharp >10% drop. It remains to be seen whether the second time works…
On the other hand, JD Vance isn’t as “lucky” as Trump. Actually, anything but lucky…
He visits the Pope, the Pope dies.
He visits India, Pakistan and India go to war with each other.
Whatever you do, do NOT invite JD Vance for dinner at your home!
So when I see the Crypto monkeys celebrating that JD Vance will be presenting at the Bitcoin Conference on May 27-29 …
… I wonder if JD Vance will jinx Crypto next?!
It’s a Meme Market after all!
Good out of there
🥹🌳🙏
Disclaimer:
This isn’t financial advice. This is the equivalent of Monty Python for finance but worse: This is the trading blog of a shrub.
Don’t be Stupid. Seriously. How many times do I have to repeat this …
Just as Hugh Hendry says he considers selling his Saint Barth home to buy BTC!
Yes. Vance prophecy cannot be discarded. Trimmed on Friday, will trim on Monday. Still think ATHs are guaranteed, but correction is due