Listen to me. The character of this market hasn’t changed. There is nothing to fear, but trade wars, political instability, kinetic war, and fear itself. That being said, I stepped up and grabbed my nuts, bought some HUBS and TWLO.
The HUBS purchase is an increase, now a double sized position. Truth be told, I now have three double sized positions: HUBS, TEAM and BLRX.
During this recent ‘downdraft’ in tech, I’ve been incredibly predatorial, acquiring shares of the best companies on slight discounts. One shouldn’t expect large discounts in great companies, otherwise they wouldn’t be great. What I’m leveling for now is some epic sort of grandeur — a market loose and pinless, free to explore the outer boundaries of hedonism. There is nothing that will stop us, not even a young and drunken Brett Kavanaugh.
Here is the present oversold nature of the SAAS sector, courtesy of Exodus.
By the way, and let it be noted, if you’ve been freeloading off Commodore Fly for the past year, enjoying his picks and living fat off the land and not joining Exodus, I would like to express my severe dismay. This is not the behavior of a gentleman, certainly not of a lady of good quality that still has a honorable reputation to uphold. You should be ashamed of yourselves, feeding off the giant shark that is Le Fly, whilst summering in exotic locales and eating white fish at $30lb — and not demonstrating a minimum appreciation by way of tipping your hats inside The Pelican Room.
Top picks: BLRX, TEAM, HUBS, and EB
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have you looked at SVMK at all?
Looks like monkey shit
BLRX looks like it wants to explode
as long as fear tops the headlines this market is going up. its when the 8 balls and Cristal come out that you should lighten up. pedal to the metal!
Market’s starting to look at what’s happened to rates post ISM.
BTMFD time.
Trying bottom feeding on INST at the 52 week low for a long term hold. Thoughts?