JFC — I am blogging late. I had a Stocklabs development meeting and got sidetracked thanks to my fucking losses. I managed to sell FAZ in the morning for a minor loss — but I am still, nevertheless, ransacked by more than 2%, presently — because, apparently, Black Lives DO NOT MATTER — according to both candidates in last night’s event.
I had expected both to pander like a motherfucker and do what’s right and offer 100s of billions in PLATINUM packages to the black community. Instead, all I got was a fucking tax hike from Biden and major shit talking from Trump. In a sense, they failed me and I am now saddled with two BLM centric stocks and a 3 sized TZA position which is down nearly 200bps from basis.
I also just fucked myself a little more in WATT — down 12% in a bad, really bad, day trade. I just closed it out. Normally on a day like today, I’m all tits and balls, making so much money my face turns numb. Instead, I am merely hedged by my own quant, which is up 1.1%. I am a loser today, most terribly and terrifically.
The day is not thru, true. But my gambits have failed thus far and I fear the more I try to dig myself out — the worse I will make it.
In spite of all that, I’ll try some more digging.If you enjoy the content at iBankCoin, please follow us on Twitter