It was a trap. As a matter of fact, it has always been a trap.
Markets are designed to trade higher with population growth. The more stuff we make and buy, the higher stock prices go.
Over in Europe, equity prices are rejoicing, as Islamic migrants rampage throughout their cities in search for treasure.
Here in the good old USA, futures are indicating a triple digit run to new highs.
In the land of Le Fly, just one man is king. Said royalty will be dealing with a rather arduous plumbing issue today. Very soon, I will be entreated to the dirties men alive rampaging through my home, punching holes in my sheetrock–behaving like regular Donkey Kongs.
It’s all for the greater good, so I’ll grit my teeth and bear the downside.
As for stocks, my SPY long will offset some of the losses I stand to endure in my XLE short. It’s worth noting, Exodus won again…inexorably.
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according to the frog blog when i buy the super cruddy TVIX a rip your face off rally is guaranteed