iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,417 Blog Posts

Futures Are Down on A Lot of Nothing-Sauce — Buy Dips

Fortunately for me, I moved to a heavy cash position on Friday and now have 75% of my account in King Dollars eagerly and feverishly awaiting to be redeployed. Futures are off by more than 200, based off Trump’s tariffs that we already knew about, which were nothing-sauce then, and still are nothing-sauce now.

The Nasdaq forked higher by more than 1% last week, an annualized return of more than 52%. It should come as no surprise by anyone of you here that stocks are taking a breather today. However, I’m prepared to buy dips, and you should too, because nothing can stop the onward march of gilded prosperity, no matter how hard they try.

I have a few ideas boiling on the surface, which of course will be discussed and plotted upon inside the comfy confines of Exodus.

Good luck.

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One comment

  1. wolfdaddy

    Sogo for this weeks price of shit continued run

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