We’re at the point in the narrative when stocks like BLNK aren’t leading anymore — because BLNKW are. The SPACs are on fire today — because who’s gonna make the next meaningless “EV” purchase to fail in head to head competition against Tesla?
Moreover, and this goes without saying, the current logic of the tape is bullish for both oil and alternative energy — because nothing say rip roaring oil markets like eliminating the need for crude. On day 1, Biden will ban drilling in the Arctic. On this news, oil drillers are soaring. Look at RIG.
Also, solar plays are all the rage — because MUH POWER PLANTS use devilish blackened coal that clog the skies with ugly fumes and cause the sun to rage its fires into the wooded lands of California. Once we have enough windmills going, the hurricanes will stop wiping out poorly placed geological islands in the Caribbean.
There’s so much to love and hate about this market — I could go on for days discussing the idiosyncrasies and how betting against them have might’ve led one down a path of VINSANITY. Dare I say, stocks are much worse of a bubble today than in 2000. In 2000, we had a brand new invention to jerk off behind — the internet. It was going to make us all into big fat rich men — puffing cigar smoke into the beta-cuck faces of the brick and mortar guys. Nowadays, people think Go-Karts will replace SUVs — an entirely different subspecies thinking — small brained and also retarded.
Nevertheless, I remain a humble servant of the markets and continue to drag my large balls into this muck to partake in a little chicanery, now and then and always.If you enjoy the content at iBankCoin, please follow us on Twitter