The good news is cryptos are all sharply higher. Congrats to all of you who sold stocks on Friday and placed it all in BTC. Futures are lower by ~150, Nasdaq by more than 60. This all has to do with China and Trump’s tweets — literally nothing. I mean, it’s nothing at all. You have nothing to concern yourself with — do as you like.
This little repertoire will come and go and all of the bears skewered and eaten by famished bulls.
I’ll probably kick out my hedge this morning, SOXS, and look for strength. I’m not interested in buying dips, but instead strength into weakness.
Chinese stocks are especially hard hit this morning, so my little BILI might offer me a little bit of clubbing before noon. Other than that, I’m feeling grand. My coyote attacked a jogger this morning. It was her fault jogging so damned close to an alpha-predator. Maybe next time she’s know to jump into traffic and avoid the wrath of the Princeton coyote.
If you enjoy the content at iBankCoin, please follow us on Twitter
Can’t wait for the post where someone sues Fly over the coyote.