middaymomentum.com Open in urlscan Pro
18.208.116.224  Public Scan

Form analysis
2 forms found in the DOM

GET /

<form action="/" role="search" method="get" class="form search-form disabled clearfix" id="headerSearchForm">
  <input name="s" type="text" class="form-control form-control-lg" placeholder="Search...">
  <button type="submit" value="Search" class="btn" disabled="">Go</button>
</form>

POST https://middaymomentum.com/wp-comments-post.php

<form action="https://middaymomentum.com/wp-comments-post.php" method="post" id="commentform" class="comment-form" novalidate="">
  <p class="comment-notes"><span id="email-notes">Your email address will not be published.</span> <span class="required-field-message" aria-hidden="true">Required fields are marked <span class="required" aria-hidden="true">*</span></span></p>
  <p class="comment-form-comment"><label for="comment">Comment <span class="required" aria-hidden="true">*</span></label> <textarea id="comment" name="comment" cols="45" rows="8" maxlength="65525" required=""></textarea></p>
  <p class="comment-form-author"><label for="author">Name</label> <input id="author" name="author" type="text" value="" size="30" maxlength="245"></p>
  <p class="comment-form-email"><label for="email">Email</label> <input id="email" name="email" type="email" value="" size="30" maxlength="100" aria-describedby="email-notes"></p>
  <p class="comment-form-url"><label for="url">Website</label> <input id="url" name="url" type="url" value="" size="30" maxlength="200"></p>
  <p class="comment-form-cookies-consent"><input id="wp-comment-cookies-consent" name="wp-comment-cookies-consent" type="checkbox" value="yes"> <label for="wp-comment-cookies-consent">Save my name, email, and website in this browser for the next time
      I comment.</label></p>
  <p class="form-submit"><input name="submit" type="submit" id="submit" class="submit" value="Post Comment"> <input type="hidden" name="comment_post_ID" value="36639" id="comment_post_ID">
    <input type="hidden" name="comment_parent" id="comment_parent" value="0">
  </p>
  <p style="display: none;"><input type="hidden" id="akismet_comment_nonce" name="akismet_comment_nonce" value="424aded918"></p>
  <p style="display: none !important;"><label>Δ<textarea name="ak_hp_textarea" cols="45" rows="8" maxlength="100"></textarea></label><input type="hidden" id="ak_js_1" name="ak_js" value="1661828037395">
    <script>
      document.getElementById("ak_js_1").setAttribute("value", (new Date()).getTime());
    </script>
  </p>
</form>

Text Content

 * About Garrett Baldwin
 * Archives
 * Replays

Go


ENERGY…IT’S A CRISIS.

Dear Reader.

Europe’s economy is in much trouble. It’s not the banking this time that’s the
problem. It’s an energy emergency.

But first, a little context.

For years, Europe was pretty good at sourcing energy. But Germany started to
rely more and more on Russia at the beginning of the last decade for natural
gas. It was a weird concept that few people talked about. If you watched German
Soccer matches, you’d see Russia’s state-owned natural gas giant Gazprom. No one
seemed to find that a bit odd then.

Germany and Russia’s economic relationship intensified. By the time this recent
crisis hit, the bulk of Germany’s natural gas flows had originated from Russia.
The dependence is startling.

Interestingly, Donald Trump – likely through insight from former Secretary of
State Mike Pompeo or Rex Tillerson (the former CEO of Exxon who became Secretary
of State in 2017) – warned the United Nations that Germany was too dependent on
Russia for energy. (This is not a political statement… I don’t care.)

During Trump’s speech, the German delegation (appeared to? They did…) laugh out
loud at him. Oops… (I DON’T CARE…)

The dependence on Russia complemented an excellent decade of energy incompetence
around basic economics and physics.

And now those problems are coming over to the U.S. soon.

European Woes

We’re in the early innings of the Fed’s inflation fight. Powell and his team are
Europe has aggressively moved to ban the exploration and procurement of
carbon-based fuels.

I covered this subject in May in Luckbox magazine, deep diving into the various
policies that have made it damn near impossible to drill for carbon-based fuels
on the continent.

I’ll say this about the Germany Energy Ministry and Environmental Ministry –
since I met them in 2011 in grad school and came away break takingly confused.

Its leaders don’t understand the size, scale, and costs needed to move toward
zero carbon. They are naïve and ignorant.

So – too much reliance on Russia – and a bumbling grand transition to
alternative energy that has wasted years, money, and resources – is why natural
gas prices are trading at the oil equivalent of $500 per barrel in certain parts
of the continent.

It’s why people in Switzerland chop down trees while Bulgaria bars wood
shipments to non-EU nations. I am stressing my words here so that my American
audience understands how utterly insane it is to type these words.

Belgium’s President suggested the energy crisis will last five to 10 years. That
means we are only in the first inning here.

As the lights go out in Europe, what is Vladimir Putin doing?

Burning (or flaring) $10 million in natural gas daily on the border of Finland –
with a flame high enough that people can see from the other side of Russia.

A giant, flaming middle finger to a continent.

While heating energy burns, what are Europe’s leaders doing?

She was giving speeches and calling for shared sacrifice.

France’s Emmanuel Macron has said that Europe is experiencing the “End of
Abundance.”

How utterly absurd. Abundance is CONSTANTLY within our reach…

From a freaking palace, Macron said that his nation’s dark winter and sacrifice
is the “price to pay for freedom.”

Standards of living are crashing down across Europe.

Again, my fellow Americans… if you will imagine…

Whatever you think is the worst-case scenario right now around energy in Europe,
I promise you that your imagination isn’t creative enough. This is an
exponential crisis… And every little problem compounds atop one another…

Today’s Momentum Reading

MOMENTUM INDICATOR
The World’s Biggest Trade.

Broad Market: Orange
S&P 500: Red

Recap: Momentum is Orange. Things are breaking down while energy moves. This was
the situation in February when things went awry, but there was a lot of chop in
the market. We are not officially negative right now, but I continue to lean
into the September challenge. I think we’re done.

Hot Long Shot

I skipped “Watching” three things today because momentum is all that matters.

We might see a bomb in the next two to three days. I’m going the same path that
we did on June 8. The SPXU is a triple-leveraged ETF that allows us to profit on
a negative market move. If we get a 3.5% move down on the S&P 500, we can profit
from a selloff. The bulls are trying hard to protect this market, but I expect a
repeat of the lower highs and lows.

The SPXU September 30, 2022 $17.50 call is under $1.00. Buy-to-Open a contract
or so.

WHAT YOU MISSED

Here at Money Morning LIVE, we strive to have the best wealth creation network
imaginable.

We know we have the best experts trading on-air today, but it’s important to
hear how other people are winning this moment. That’s because huge fortunes are
gained during times of extreme volatility, and it usually comes down to having
an edge and knowing what’s happening as it occurs.

So I will be bringing on additional guests moving forward to talk about how to
grow your wealth in extreme conditions.

On Friday, we had a special visit from Chris Rowe of True Market Insiders. Chris
focuses on sector investing and has some interesting insight that utilizes
relative strength as an approach. What I find intriguing about Chris’ strategy
is that he is not worried about the day-to-day news cycle as he invests in
longer trends.

Can you imagine just sipping your Corona light bottle without a care in the
world about Russia? One can dream.

Check out our discussion in its entirety here.





I really enjoy hearing the different ways people attack this market. It’s fun
because you can usually spot momentum as the underlying driver of many winning
ideas.

Speaking of momentum, we are entering World’s Biggest Short territory for the
broader market. If you are still unsure how to short a stock or commodity, the
World’s Biggest Trade is an excellent source. A day rarely goes by when we don’t
take advantage of easy short opportunities using leveraged ETFs. So if you want
to take an active role in defending your hard-earned money, sign up today and
start shorting the world.

Get instant access to our trading room, pre-market reports, and member-exclusive
replays of the World’s Biggest Trade today!

Stay Liquid,


Garrett Baldwin

Join me at 12:30 pm EST for Midday Momentum.
Did you miss the show? No worries, we’ve got you covered.



--------------------------------------------------------------------------------


COMMENTS


LEAVE A REPLY CANCEL REPLY

Your email address will not be published. Required fields are marked *

Comment *

Name

Email

Website

Save my name, email, and website in this browser for the next time I comment.





Δ


SIGN UP FOR TEXT ALERTS

Click below to sign up for text alerts from Garrett! Sign up here!


TRENDING

 * Post
   
   ENERGY…IT’S A CRISIS.

 * Post
   
   FROM THE DESK OF GARRETT BALDWIN (WEEK OF AUG 22, 2022)

 * Post
   
   WHAT POWELL SAID…

 * Post
   
   WHILE THE MARKET CHOPS… A MESSAGE

 * Post
   
   DOWN IS UP, LEFT IS RIGHT, AND MOMENTUM IS GREEN

Published
August 29 2022
by Garrett Baldwin
7shares
 * 
 * 
 * 
 * 
 * 
 * 

 * About Garrett Baldwin
 * Replays
 * Text Alerts


LEGAL

 * Privacy Policy
 * Terms and Conditions
 * Do Not Sell My Info
 * Whitelist Us

Contact Customer Service:
Call 1.888.384.8339
Submit Contact Form 1125 N Charles Street
Baltimore, MD, 21201 USA