The 2-10 yield curve is flat as shit now, just 32 bps. Meanwhile, the Trump-world trade war resumes, uninterrupted, all the while oil careens higher at a time when it’s supposed to drop.
These negative drop backs, coupled with the overheated nature of the small capped rally, has led us here — absolute bloodshed and carnage, and also more bloodshed.
I lost gobs of money in CBLK, DOCU, MDB, and HUBS. I even lost money in the old man stocks I bought today. Everything was lower and the pin action was so dreary, I ended up diving into both SRTY and LABD as a hedge against my rapidly declining stocks.
Into tomorrow, I am 15% cash, hedged with SRTY, LABD, 3 old man stocks, and a partridge and a pear tree.
Completely fucked.
Meanwhile VIXfags rejoice. The world is upside down.
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Why not just labd and srty and 50% cash ? Nice call on labd by the way
Why not just having labd , srty and 50% cash ? Nice call on labd by the way
Because I’m schizo.
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Sometimes I think you’re a computer generated commenting program.
Dr. Fly, if you go way back and check my commentary years ago you will see that I called him/her/it as a bot!
These are all some interesting levels, Mr. Fly. I am curious, very curious indeed, where the markets go from here.
Down and then way up
You got cock blocked in CBLK
Only one logical thing to do here – going all in on Tootsie Roll.