A multitude of tech stocks got ransacked this week. As a matter of fact, the past two weeks has marked a BEAR MARKET for many high growth plays. While swashbuckling in the market today, I noticed two trends.
Market is pricing in a Biden win.
Market is pricing in more social distancing.
Earlier in the week COVID-19 stocks stormed ahead. I got long as soon as they took off and profited. Now with the COVID-19 data in Europe getting dicey AF again, you should expect MOAR lockdowns. As a result, expect stocks that benefit from an extended lockdown to continue. Without giving you my picks for free (sign up for Exodus you cheap bastard), I can tell you ZM and OSTK are two of the stocks I bought.
See pal, life is a game of fucking. You’re either doing the fucking or getting fucked.
Today’s trade. This is hard for you to extract value if you do not understand the context, so I will tell you.
(MYO -3.2%)
(GMBL -4.7%)
BE +9.5% (Biden Play)
WPRT +9.3% (Biden Play)
SOL +4.1% (Biden Play)
DKNG +3.3%
FCEL +3.2% (Biden Play)
AQST +3.2%
GOCO +2.8%
FLUX +12% (Biden Play)
BLNK +7.9% (Biden Play)
(AMTX -4.3%)
SQQQ +2.13%
After I took profits on those, I bought SQQQ and saw markets sink. I was up 4.5% at the market lows — but then the market began to streak, so I closed it out because it’s better to make 2.1% than book a loss. I then bore witness to the social distancing stocks take off. I track them via a basket, so I bought a fistful of them and took my gains from 1.2% to 2% for the session.
Heading into next week, there is a distinct risk of market dislocation. I am not naive to the fact that ZM and OSTK could get lit the fuck up. However, I am comfortable enough to give it a shot. If you’re not willing to risk a little, you’re not willing to win.
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If you search online, you’ll find that on Wednesday he made several complete and logical sentences. New meds?
Anyway, it could be that they’re just negotiating with Trump …”no more of this MIC talk and such like, eh Donny.”
Going with your second option. Viewed from off shore, it is very easy to hate both candidates at the same time.
FLY WATCHES CUTIES
update for the no coiner fags
anyone who used the decentralized exchange Uniswap before Sept, recently received a little good customer thank you for using the platform gift of 400 UNI. That’s currently 400 x $5.75 = $2,300.
If you had 5 accounts, multiply by 5. Others got more. Some much more.
Chris Burniske
@cburniske
If you think #DeFi will have a smaller impact on $ETH than ICOs, you aren’t paying attention.
The ICO boom flexed #Ethereum’s ability to perform 1 financial service: early-stage capital formation.
#DeFi will flex Ethereum’s ability to perform *all* financial services.
in other news
repost https://www.youtube.com/watch?v=WrR95PFYDFQ&t=387s
ps oops I forgot to not post here
Dude never did the uniswap post some instructions I’ve been too lazy to figure it out
https://www.youtube.com/watch?v=7mVlXim1LxM
Somebody coined the term “Equity Vigilantes”. I think that will prove to be a thing and the markets will live or die by the outcome.
Of course, if the shooting really gets going the vigilantes will be much less important.