≈ Zero works wonders if on the right side. ≈
Zero was invented independently by the Babylonians, Mayans, and Indians. The Babylonians got their number system from the Sumerians, the first people in the world to develop a counting system.
What these ancient people never thought was the central role this digit would play in future generations. From complex calculations to the binary system used by computers and everything in between.
Imagine you could time travel and tell a group of Babylonians that a company whose symbol is a bitten apple, has now TWELVE zeros to the right of their market value? You would be an extraterrestrial to them.
Central Banks are masters of the zero too, but to the opposite side: devaluation of currency and market meltdowns. History has kept track of it and Venezuela is the current symbol of their stupidity.
This reminds me that we are living in the second most overvalued market of all History. What if another market crash hits the US again?
In a bull market, everyone is a genius. But what about bear markets? This is when the bull market geniuses swim naked. We don’t. We won’t.
If you want to be The Genius of the Next Bear Market, sign up for the Bear Market Survival Guide webinar, on September 5th, 2018 @ 8:30PM EST. Click on the banner below and secure your place.
Chart of the Day
M for Murder
You’re going to learn during the Sep 5th Bear Market Survival Guide webinar that identifying an M for Murder pattern is very important. Once the M is identified the market is no longer bullish, it is bearish. This is when we buy insurance. Sign up for the webinar here.
Video of the day
Thought Of The Day: Study Market History through Charts
In this video, join Coach T as he ex‐ plains how you can study market history by looking back in time at the market’s price chart.
Today’s Lineup
Rookie Corner
The Next Live Trade Part VI
Did you work on your beliefs? Did you examine them to see if they were serving you or harming you? Did you find the exercise to be therapeutic? I find that every time I go through that process that it gives me a little jolt of positivity. It’s like my body knows that my mind is working to make my whole being better.
Coaches Lounge 11am EST
Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.
Cashflow Club
Held every Thursday, this show helps you perfect your favorite cashflow strategies.
JOIN US HERE
Halftime Report 12:30pm EST
The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day and fun in a way that only Matt and Tim can deliver.
Market Recap 4:30pm EST
The Market Recap is designed to give you a quick overview of the day that was. While brief, this report is designed to cover all of the major events that drove the markets that day and help you plan for the trading day ahead.
