Tackle Today: Black Holes | Tackle Trading

Tackle Trading
4 min readJan 7, 2020
Tackle Today: Black Holes (Image: Interstellar, 2014)
Interstellar, 2014

“We cannot escape them.”

This is how fast light travels through space:

  • Miles per second: 186,000
  • Meters per second: 299,792,458
  • Miles per hour: 671,000,000
  • Kilometers per hour: 1,080,000,000

Our nearest star is the Sun. Its light takes 8 minutes and 17 seconds to reach the Earth. Proxima Centauri is the next available star after the Sun, sitting around 4.2 light-years from us. Apparently, nothing can surpass the speed of light.

Except for Black Holes. Their gravitational pull is so strong, so intense, that not even light can escape it. The Event Horizon is the boundary of the region from which no escape is possible.

Which brings us to 2020 and its inescapable events.

  • Trade tensions.
  • Brexit tensions.
  • Middle-East tensions.
  • Negative Interest rates.
  • Monetary base/Debt exponential growth.
  • US Presidential Elections.
  • AI everywhere, from driving and trading to US Presidential Election interference.
  • FAANGs scrutiny and social blowback.

The point of no return was reached.

We are the light trapped inside these black holes. We cannot escape them.

Black hole sun
Won’t you come.
And wash away the rain.

Chart of the Day: The elephant in the room

Source: Empiricus/Bloomberg
Source: Empiricus/Bloomberg

The chart above depicts the FED balance sheet from 1999 to 2019. The elephant in the room.

Video of the Day: Interstellar: Black Hole scene

Financial freedom is a journey

The Tackle Today series is brought to you by Tackle Trading.

Sign up now and gain unfettered access to all of the quality content and powerful Scouting Reports that our Pro Members enjoy for 15-days absolutely free with no strings attached and let us show you what your trading has been missing.

# Sign up now for a 15-DAY FREE TRIAL #

Legal Disclaimer

Tackle Trading LLC (“Tackle Trading”) is providing this website and any related materials, including newsletters, blog posts, videos, social media postings and any other communications (collectively, the “Materials”) on an “as-is” basis. This means that although Tackle Trading strives to make the information accurate, thorough and current, neither Tackle Trading nor the author(s) of the Materials or the moderators guarantee or warrant the Materials or accept liability for any damage, loss or expense arising from the use of the Materials, whether based in tort, contract, or otherwise. Tackle Trading is providing the Materials for educational purposes only. We are not providing legal, accounting, or financial advisory services, and this is not a solicitation or recommendation to buy or sell any stocks, options, or other financial instruments or investments. Examples that address specific assets, stocks, options or other financial instrument transactions are for illustrative purposes only and are not intended to represent specific trades or transactions that we have conducted. In fact, for the purpose of illustration, we may use examples that are different from or contrary to transactions we have conducted or positions we hold. Furthermore, this website and any information or training herein are not intended as a solicitation for any future relationship, business or otherwise, between the users and the moderators. No express or implied warranties are being made with respect to these services and products. By using the Materials, each user agrees to indemnify and hold Tackle Trading harmless from all losses, expenses and costs, including reasonable attorneys’ fees, arising out of or resulting from user’s use of the Materials. In no event shall Tackle Trading or the author(s) or moderators be liable for any direct, special, consequential or incidental damages arising out of or related to the Materials. If this limitation on damages is not enforceable in some states, the total amount of Tackle Trading’s liability to the user or others shall not exceed the amount paid by the user for such Materials.

All investing and trading in the securities market involves a high degree of risk. Any decisions to place trades in the financial markets, including trading in stocks, options or other financial instruments, is a personal decision that should only be made after conducting thorough independent research, including a personal risk and financial assessment, and prior consultation with the user’s investment, legal, tax and accounting advisers, to determine whether such trading or investment is appropriate for that user.

Originally published at https://tackletrading.com on January 7, 2020.