*** TRY Exodus FREE FOR 7 DAYS ***
Vacation plans have been made for every single successful hedge fund manager in America. The market has done wonderfully thus far, so everyone can relax and enjoy their summers from Newport to St.Bart’s. The keys to the trading turret will be subsequently turned over to junior to mind the store, while senior is out doing lines of blow and jet skiing whilst passed out drunk. Junior’s number 1 job will be to not fuck anything up, but he always does. Expect volatility to shrink to a crawl, unless of course President Trump opts of ratchet up his great big beautiful trade war.
Seasonally, these are dry austere months. Do not expect anything exciting until your local hedge fund managers comes back from his fall vacation in the Berkshires.
If you’ve been keeping track like I have, semis have been fucking poleaxed beyond belief over the past month. Intel, for God’s sake, is down 25% over the past 4 weeks and the leading industries are, more or less, retarded.
This is what we’re going to do. Listen to me very closely. We’re going to short stocks heavily and lean on them until they topple over. The Exodus algorithms now reflect the extreme stress levels of Oct-Dec 2018 and will be incredibly useful to assess a potential pivot points for stocks. Until then, I’d argue you should raise cash, hedge your long term portfolios, and start enjoying the warmer climes.
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Still trying to find a better stock to buy on dips than $USCR. I guess yield is coming more into the play now?
USCR is so obscure. Fuck off.
That’s true, it is. Sorry, I meant DRIP