The world stopped spinning today and shares of anything relating to solar or alt energy or EV is spiral down the drain and into the ocean to be eaten by sharks. The NASDAQ is swooning lower by 210 — but it was much worse earlier today. My Quant is off by 220bps now — well off the lows of -800bps achieved at 9:45am. It was heart-attack trading; but I could not help but to laugh at the losses.
I know it must bemuse you to understand the levels of fatality that I desire. Alas, markets are lower and I am losing 500bps in my trading. Ask me if I give a fuck.
I am still up more than 100% YTD and have 40% cash, eager to toss it right back into the fucking fires.
This could, as you know, be the end. This could be the beginning of the great unraveling. High rates and commodity prices might be codifying your demise. But I still don’t care. The kids are older now and my expenses are increasing with college — but I’ve made enough to ignore small vibrations and I know, if I might say so, I can turn on the printing presses anytime I want.
Today I am passively permitting my holdings to stagnate because I am betting on a late day rally. Should it fail, I suspect we trade lower in the AM.
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