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Father Time's Chronicles: 12/2-12/6 Weekly Outlook

<p>Happy Sunday traders. I hope everyone has had a great holiday weekend, and that all of you were able to spend time with those who matter most. </p><p>Heading into the week, it could not be a better time to be a bull. Bitcoin is knocking on the door of $100k, alt-coins are firing off and the laggard $ETH is finally seeing some strong inflows and finding a strong bid. $GC had found a strong bid as well last week while the dollar falters, and both Nasdaq and growth names continue to remain strong. All is well&#8230;</p><p>Many, many traders are experiencing euphoria. As it would be, I have started my Yearly Outlook for 2025, and if you were a discord member of mine you should recall my 2024 Yearly Outlook. Some things I missed bigly such as the resurgence in China names, other things I correctly outlined such as the massive breakout in growth related stocks. That said, right now if I had to guess 2025 is going to be similar to 2022 than 2024 or 2023. Only time will tell!</p><p>It&#8217;s been a pretty good run here in the Chronicle lately, and below is my breakdown of one of our recent winning setups, shared in last week&#8217;s Weekly Outlook. The setup was simple: short SMCI once it came into the short GP. You can read my full analysis below.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" href="https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9e5927ac-1dba-4741-818e-6ba5d8aff974_1626x1626.png" target="_blank"><div class="image2-inset"><source type="image/webp" /><img alt="" class="sizing-normal" height="1456" src="https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9e5927ac-1dba-4741-818e-6ba5d8aff974_1626x1626.png" width="1456" /><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><div class="pencraft pc-reset icon-container restack-image"><svg class="lucide lucide-refresh-cw" fill="none" height="20" stroke="currentColor" stroke-linecap="round" stroke-linejoin="round" stroke-width="2" viewBox="0 0 24 24" width="20" xmlns="http://www.w3.org/2000/svg"><path d="M3 12a9 9 0 0 1 9-9 9.75 9.75 0 0 1 6.74 2.74L21 8"></path><path d="M21 3v5h-5"></path><path d="M21 12a9 9 0 0 1-9 9 9.75 9.75 0 0 1-6.74-2.74L3 16"></path><path d="M8 16H3v5"></path></svg></div><div class="pencraft pc-reset icon-container view-image"><svg class="lucide lucide-maximize2" fill="none" height="20" stroke="currentColor" stroke-linecap="round" stroke-linejoin="round" stroke-width="2" viewBox="0 0 24 24" width="20" xmlns="http://www.w3.org/2000/svg"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></div></div></div></div></a></figure></div><p>After closing inside the short GP last week, SMCI has seen a sharp -$6 selloff, or -16%. Above is how all of my breakdowns look like more or less, I try to keep it as simple as possible while laying out my entire trade thesis. As always, I never share a half-ass setup that has a low probability of working out.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" href="https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Feb9d177e-e0c8-4159-84ee-caf887615330_3286x1862.png" target="_blank"><div class="image2-inset"><source type="image/webp" /><img alt="" class="sizing-normal" height="825" src="https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Feb9d177e-e0c8-4159-84ee-caf887615330_3286x1862.png" width="1456" /><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><div class="pencraft pc-reset icon-container restack-image"><svg class="lucide lucide-refresh-cw" fill="none" height="20" stroke="currentColor" stroke-linecap="round" stroke-linejoin="round" stroke-width="2" viewBox="0 0 24 24" width="20" xmlns="http://www.w3.org/2000/svg"><path d="M3 12a9 9 0 0 1 9-9 9.75 9.75 0 0 1 6.74 2.74L21 8"></path><path d="M21 3v5h-5"></path><path d="M21 12a9 9 0 0 1-9 9 9.75 9.75 0 0 1-6.74-2.74L3 16"></path><path d="M8 16H3v5"></path></svg></div><div class="pencraft pc-reset icon-container view-image"><svg class="lucide lucide-maximize2" fill="none" height="20" stroke="currentColor" stroke-linecap="round" stroke-linejoin="round" stroke-width="2" viewBox="0 0 24 24" width="20" xmlns="http://www.w3.org/2000/svg"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></div></div></div></div></a></figure></div><p>That said, I am running a Black Friday discount for all new subscribers. If you&#8217;re interested in upgrading your subscription to the Chronicle so you don&#8217;t miss the next high probability setup, click on the button below!</p><p class="button-wrapper"><a class="button primary" href="https://fathertimechronicles.substack.com/subscribe?coupon=3241b7b8&amp;utm_content=152416985"><span>Get 20% off forever</span></a></p>
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