As the media issues fake news reports, trying to get you into dastardly SOXS positions, I am here to remind you that higher interest rates is a precursor for higher stock prices. It has always been this way. You can try, and fail, to prove me wrong.
Presently, the 10yr is at 3.10%. Although negative in the long term for debt laden faggots, it has always led to an immediate rush for equities.
In the meantime, Exodus Quant is fucking crushing the market, up nearly 5% over the past two weeks — 120bps better than the SPY.
Here are the returns for each holding per stock. The details of the positions are for members only. But I’m sure so many of you are doing so much better with your elaborate technical based strategies and scoff at such returns.
Including BILI, Le Fly is 5 for 5 in recent trades, with IQ on hold. Watch it melt up tomorrow. I’ve eliminated the loss in SOXS and now find my deepest most malevolent enemies saddled by it — sweating profusely as the market gears to grind higher.
TZOO was a +21% winner over 1 week. Thank you for the accolades and I hope that you bought it now, positioning for the true move higher.If you enjoy the content at iBankCoin, please follow us on Twitter