The Wins Keep Coming In

I made just 76bps today, another genteel return — already adding to a rather genteel 5% monthly return. With just a handful of days left in July, I endeavor to revel in my own glory and press my gains to 10%. It is all but a forgone conclusion at this point — my gains are my own doing — almost at will.

To those who keep selling short, dare I say stop doing that.

After two big up days, following a severe oversold condition, expect normal trading patterns spearheaded by short squeezes. If BTC-ETH can truly recover, all thanks to Lord Elon Musk’s approval, then we might really get some risk taking in the market, especially in names like MSTR — of which I am long.

Heading into the bulk of earnings season, I expect nothing but upside without any pause or need for affirmation. From my vantage point, the sole thing that might dislodge market is of course a pandemic and potential lockdown, which of course is impossible now that most have already received the very effective and safe non approved vaccines.