Admittedly, I was out sauntering while this ordeal happened. N. Korea’s foreign minister called for an impromptu press conference outside the UN in NYC, menacing to shoot down American bombers — saying Trump had all but declared war on them.
“North Korea has the right to shoot down U.S. warplanes as part of its right to self-defense under the United Nations charter.”
“all options are on the table for North Korean response…”
“The whole world should clearly remember it was the US who first declared war on our country,” Ri said to reporters in New York as quoted by Reuters.
For some odd reason, this had a profoundly negative effect on stocks, particularly those domiciled in Asia. Unfortunately, I happen to be long a sundry of Asian centric equities, one of which that promoted university in China. I cannot describe it any other way, so I’ll just say it. My ass is being bitten by pitbull — as I run away, indecorously, through a minefield. Scratch that, I haven’t sold anything yet, so I’m just getting chewed on — in a manner that is completely intolerable. There is a heavy rarefied air on Wall Street today — with the Nasdaq off by 60, WTI +2%, gold +1.1%, dollar +0.92% v euro, BTC +4.6% and bond yields dropping lower.
I have two totally different portfolios running at the same time in Exodus, one of which is quantitative, the other discretionary.
The discretionary portfolio is off by 2.8%, only buoyed by a monster gain in UAN. My BEDU, OLED, AAOI and SMI positions have been taken outside and beaten like a dirty rug.
My systematic portfolio, one that only depends on the AI in Exodus, is up 0.6%.
Now I can look at this two ways, one ashamed for being crushed by my own robots, or thrilled that my own testicular failures have prove that the future of investing lies within the boundaries and disciplines that man creates, managed by machines. Either way, I’m getting my balls jingled for me — hit aside with a baseball bat.
The stocks that rose the fastest are getting flushed with speed.
Amongst the losers are BEDU (-10%), EVTC (-10%), SFUN (-9%), TRIP (-8.8%).
You get the picture.
I’d like to see the bastards try an army draft to build up enough manpower to defeat the enemies they’re creating today. Who needs any of this shit? Who asked for it?
If you enjoy the content at iBankCoin, please follow us on Twitter
No worries, to the moon!
Who cares about DPRK, they could drop a bomb on Hawaii and stocks would roar. Its all about who is going to get down on their knees tonight (aside from your girlfriend) on the NFL game. Amerikans are all about the SJW right now, its the way to the promise land to erase every possible thought about history or perceived injustices.
We.. and by that I mean you cuckpots…. elected a clown and now are shocked that a circus follows . Maybe the shockwaves of a Hydrogen bomb over Alabama (Praise The Lord) will jolt the blinders off the Cretin Class.
Did we elect a clown or is he being made out to be a clown because his actions are different than the “old guard” which obviously didn’t work? I don’t know the answer and could give a shit about Trump but I do know when you start to threaten someone’s way of life, in this case taking kickbacks and lobbyist money and doing the things the way they always have been done, will cause people to fight back and try to make the person making changes look like as bad as possible. Both the democrats and republicans are doing this and 90% of them are pedophiles who get paid by lobbyists.
Nah, you elected a clown.
Horseshit tcon. The Financial/Military/Industrial complex always wins.
Recall that all but one…one fucking one…of our esteemed congressmen voted to declare cold war on Russia.
Wars are being created to serve the monied interests.
This is not a complex concept.
Back-to-back morons… yes… Trump is goading North Korea to enrich the elitists. Did you vote for him?
The strategy is to sanction/squeeze North Korea at the same time as forcing their military into a constant state of defensive maneuvers. Without spare parts and ability to maintain readiness their equipment starts to breakdown, the US/SK/Japan intel system gathers more data on all the NK capabilities.
Let NK run around in circles for a year or so, then when the time comes they get overwhelmed. They can’t outlast team US/NK/Japan with China, Russia on the sidelines.
Haven’t we been sanctioning them for the past 20 years? How many sanction levels are there? Basically nothing has worked at this point. Evidently those rockets are only getting better and the nuclear research is better. Personally I don’t think we should do anything with these fuckers until we secure our borders, fix our homeless and jobless problem here. Tired of paying for everyone else’s shit.
I would not say the lesson is that your algos are the only way to prosperity (though .6 is impressive) .. Up your discretionary game. You bought into Asia when rising tensions over there, the risk was high