All charts are 2 hr.
$E-mini NASDAQ 100 Futures(MAR5) (NQmain.US)$ $Invesco QQQ Trust (QQQ.US)$  Turned negative, positive momentum is still strong, I expect a memorial day rally still
lazy $VIX Index Futures(JAN5) (VXmain.US)$ $CBOE Volatility S&P 500 Index (.VIX.US)$ $ProShares Ultra VIX Short-Term Futures ETF (UVXY.US)$
OIL $Crude Oil Futures(FEB5) (CLmain.US)$  Dear God OIL!!! on all red days!
running late - Down the mountain
Good Luck

$AMC Entertainment (AMC.US)$ $Ammo (POWW.US)$ $Digital World Acquisition Corp (DWAC.US)$ 💰💉☠️

Background：
1) Based on the public information, Munger, Mohnish, and Li Lu are close friends for decades.
2) Mohnish sold its long position in   $Alibaba (BABA.US)$  and bought   $TENCENT (00700.HK)$ in Q4 2021. Later in the interview, he mentioned the reasons: 1)Tencent is a better business, and 2) tax-loss harvesting.
According to Guy Spier’s lecture, Munger agreed with Mohnish, and believed that was a smart move.
Why did Munger sold BABA：
3)...

$ENDRA Life Sciences (NDRA.US)$ I have got to say I like where the bid/ask is at. 🤣

$SPDR S&P 500 ETF (SPY.US)$ Here's an update with some charts and some quick TA. weekly chart followed by daily chart.
On the weekly you can see we tried to break the lower trend line but it didn't hold. we are still near the bottom of it though. See for yourself below, followed by daily under that.
On the daily you can see we are near the top trend line and unless we have a gap down, we should open near it. So tomorrow could be another difficult trading day. I am still bear...