Markets climbed another 200 and change. I don’t even pay attention to detail anymore — and just relegate myself to buying hot stocks towards the end of day for overnight rippers.
Life is a whore and it’s my job to fuck it.
Today’s fish.
SPWR +13.7%
(CEMI -8%)
FTFT – wash
CLNE- wash
MOS +4.6%
I still have some LEVERAGED ETFs and do not like them very much, but I also own a lot of shit — small capped shit that move on the caprices of nothing. No one knows exactly when this clown show will end, but it will. America is 100% finished. You can revisit these remarks in 5 years and somberly reflect upon them, as you lay bleeding on the ground — staring at the Statue of Liberty in flames.
I must go now. I appreciate your visitation of these halls and look forward to more fun times in the market tomorrow.
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Every day is up period end of story until it’s not
https://www.realclearpolitics.com/epolls/latest_polls/
I must admit I’ve personally done quite well during the Trump presidency, and I really do not look forward to trading the Biden market (which is looking more and more likely to happen regardless of how much we love the Fuhrer).
Puh. Orange boy didn’t invent printing and other policies which transfer wealth to the already-asset-rich. The same folks who ran lil Bush and Obama, run Trumponomics. The party will end …but not due to some jumbled synaptic spillage from Biden’s mouth or pen.
The volatility of the last 3 years will be no more. The only thing duller than Biden will be the dull market during the Biden presidency.
America is craving for normalcy. Biden is now polling at the Obama 2008 levels. The Senate will catch the COVID-laced blue wave. If Trump somehow finds a way to stay at the White House, I definitely won’t mind.
biden wins and stocks go down. democrats are less friendly for business. trump admin let more factories dump more chemicals in more rivers.
republicans are more likely to punish workers and the environment, which is good for GDP and the bottom line.
democrats are more likely to raise minimum wage, tax carbon, nationalize one or many healthcare industries entirely.
the types of things a dem vs rep president is going to veto or not veto, the executive orders…
even if Biden promises to be right of Obama, there are plenty of dollars that will run. Obama won and market went down both 2008 and 2012.
As we have these national conversations in race, I wonder why no one brings up the topic on everyone’s mind. Ginger Mexicans. You ever see one of these freaks? You think you are about to talk to some Irish guy named Seamus McDuff and all of a sudden the guy is saying si, si, Ingles. Ginger Mexicans.
And the oddest thing is that the Ginger Mexicans hate cilantro. Go figure.
Additionaly when you see the ginger Chinese / Japanese it becomes quite apparent, the Irish conquered the world with their cocks
S&P 500 PE ratios lifting off. Closing in on 30x now.
Sure I’ll point to the elephant in the room.
Without massive trading profits off the steepest market rebound ever, bank profits would have been even worse than expected.
How much higher can stocks go? Because loan pools are deteriorating.
How do so many of you still think it’s by accident?
not referring to mr thaler
You really think this “steepest rebound ever” happened organically, or, without signoff or approval?
However, “how much higher can stocks go”
imples organic belief,
mr thaler
I don’t think it’s an accident but it does require people to step in and keep buying.
An entity can’t make money by buying stock off itself. It needs a greater fool to step in or the cycle breaks across its neck.
I don’t think it’s an accident but it does require people to step in and keep buying.
are we talking about the rally or America in general?
like… how many of the founding fathers would have wanted to choke lincoln to death with their bare hands?
how many of them would have considered trump the last hope of the great white race?
wu tang
Some boring old (not the beneficiaries of hot money) cyclical housing stocks approaching highs. Yet 30% of people are late on paying mortgage/rent, unemployment is off the charts and people aren’t making babies to fill houses.
Odd.
perhaps you called the top for real the other day.
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