The Quick Read - Seasonality is about to rip, VIX crushed, Cryptos are going higher along with US equities.

Our quick take:

• The bulls own the bears and November is uniquely strong for risk assets

• S&P 500: Q1 Target - 5100

• QQQ: Q1 Target - 410

• VIX topped

• Rare earth metals will continue to outperform

• Digital Assets are ripping higher with no remorse. Bitcoin over bonds

• The “Stagflation” trade is overplayed and overcrowded

• Names to watch: Coinbase, Rare Earth Metals, SentinelOne, Microsoft, Nvidia

Rare Earth Metals

• China owns 85% of rare earth mining around the world. The only mining site in America needs to ship the minerals to China in order to process them

• Additionally, miners also extracted 220,000 tonnes of rare earth elements, of which 60% came from China’s mainland.

We like Coinbase right here, right now.

Q4 is bullish, period. "75 of past 95 years = Q4 rally in S&P"

Our Ten Commandments

1. Work harder than anyone else

2. Busy people always finds time

3. Return wants the risk payment

4. Timing is everything

5. Harder you work, luckier you get

6. Investment is a trade gone wrong

7. Be the dumbest person in the room

8. Manage the draw-downs and compound the returns

9. Trading only one asset class is blind

10. Build systems and take the human error out of trading

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Some random slides

Return always wants its risk payment.