iBankCoin

COVID-19 IS WORSE THAN EVER — BUT NYC IS OK AND PARTYING HARD

The media isn’t panicked like before and by extension — we’re not panicked anymore — because 1,000 people per die aren’t dying in NYC. This is the scene in NYC now, as they enter phase 4, full recovery.

Put your fucking medical masks on you piece of shit.

Partying like it’s 1929, martinis in tow, cocaine splayed out across the mirrored table. Over in Miami, everyone is BOGGED out with the flu and the red states — well; they are fucked. But the red states aren’t with paying much attention to. Plus, we all know the 25,000 people dead in NYC was a tragedy, but the people dead in Texas died because they were flu-bros and would not wear a mask.

The SPY is +2, other indices barely lower. It has been another week of spendthrift in the market, retail investors clamoring for the next winner. This is who we are.

Like other old beards, I too expect a comeuppance. All of this excess must lead towards something awful. But I’m not gonna stick around long waiting for it. Today I am closing out my hedges — because they didn’t work and because I’m bored waiting for happenings. By the close of trade, we’ll probably be up another 100 Nasdaqs or so.

Nothing can stop us!

Oh by the way, 77,000 people were diagnosed with COVID-19 — new record!!

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