iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
19,525 Blog Posts

Don’t Short Into the Perception of Inflationary Times

Stock market 101.

Deflation is bad for stocks, inflation good.

Because the Fed is opting to inflate while markets and the economy are doing well, the perception is for rapid inflation, as seen in the TIPs, gold, dollar, and stock values.

As such, you cannot, even for a day, trade against this perception and think you could win. Stocks will and have remain irrational for longer than you can remain solvent.

Into the bell, I bought an IPO from today, which caters to this way of thinking, and I also bought a few Chinese burritos, a value play, and I booked a profit in UPWK.

Here are some of my recent trades — nothing is left out.

DRIP +28%
ROKU +2.5%
TVIX +5.7%
TZA +2%
FAZ +6%
TQQQ +4.5%
NUGT +21%
ROKU +6.4%
(DUST -2.9%)
AYX +5.4%
ZM +8.5%
PINS +9.5%
(PAGS -0.5%)
(SFIX -3.5%)
FAS +0.3%
(BE -3.1%)
LK +8.1%
CRWD +7.2%
SOLY +7.9%
NUGT +8.3%
SAIL +5.9%
CHWY -5.4%
ZS +2.4%
UPWK +2.6%

Trades are only posted in Exodus now, so sorry.

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8 comments

  1. acehood

    When’s the next free trial?

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  2. mx2101

    That’s some fine trading there Fly. Congratulations.

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  3. spaceman

    I don’t need a free trial my gold coins locked up somewhere in Delaware are doing just fine thank you very much. 1400!!!

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    • moosh

      Woohoo. All this happening on the official announcement of a Libra coin to boot. COINcident? Wonder if Zuck owns phyzz

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  4. moosh

    Chinese year of the pig reminder. Great trading Fly. Thanks for all of the sweet writeups and being able to rub it in

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  5. numbersgame

    Is this Alpha or Beta? No one should judge investors and traders only by their performance during a strong bull trend. Market is overbought. We’ll hit 3000 (intraday) and then test 2900.

    Nice call on gold, BTW.

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    • numbersgame

      Also, I did buy some TVIX at 18.50 yesterday, and will buy more today near the close.

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  6. ferd

    That was terrible of Trump to get Lindsey all wet like that, and then call it off.

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