Junk bonds are rallying. Yields are heading back up again. WTI is fucking soaring. Nothing can stop us now from reaching new highs — nothing at all.
Upside market breadth was just 61% today, but the underpinnings are strong and the blood of the bears is just within reach now. I will have you know, I decided to hold my doubled sized position in PHUN over the weekend. Normally a reckless move with too many variables — but I’m feeling adventurous.
Speaking of which, now is not the time to buy FANG stocks — you fucking idiots. Dial up the risk and take man sized positions in manly stocks. Lower your priggish bar and discard the cerements of your nonsensical rules — and follow the price action.
See oil run? Buy oil.
Chinese burritos on the move? Eat one.
See something — kill something — eat something.
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