If you’ve been reading me the past week you know that I’ve been first to this pandemic trade, not because I’m a scientist and know the deadly pathogens released into China, but because I’m keenly aware of human behavior and saw the Chinese response to an otherwise small amount of infections as disproportionate.
No need to droll on about it, at this point. Either you’re in these virus trades or not. If there are trades to be had, believe me I’ll find them first in.
Tomorrow markets will plunge at the open. All of the hallmarks of risk off are present. Whether it bounces off the lows or sinks further is anyone’s guess. One thing is for certain, virus stocks will be in play. Only 30% of my followers on twitter have bought some. I suspect the news will get worse before it gets better. This is the quintessential black swan event that you read about in text books. This is when you take outsized risk for a chance at scoring huge gains.
As such, my trading account is 70% long virus stocks, which stand to make me a small fortune tomorrow morning. In the off chance they open lower, I’ll sell. If they explode higher, I’ll likely sell and buy back later. Since I’m up so much, there are very few scenarios where I won’t sell. But there are some names that are still very cheap and can run higher.
Not pitching here, but I am. If you want access to me, you’ll need to join Exodus. A man of my importance and stature clearly can’t be seen doling out valuable trade I info to the canaille here without a fee.
Clearly that would be stupid.
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