HONEY BADGER DONT GIVE A SHIT.
The market is tossing aside downgrades and bad news like the honey badger destroys rattle snakes. Seriously, this market is nuts, and not just in the $DMND fashion. I feel like we are being trained, and rewarded, to buy, regardless of what is going on. Risk off assets have seen big influxes of money and are being bid up. Meanwhile, the euro is being pounded while the yen and the dollar are trading higher. Yet the worst of the worst stocks are trading higher, outside of my $gmxr, regretfully.
Correlations are no longer applying, and every dip is being bought. Buy all you can on the way up and keep buying, but the minute the market shows signs of fatigue, don’t be afraid to take your profits and show patience. Something ugly is brewing around the corner.
