I was fucked in an array of different ways this morning, stemming from blow ups in ANF, URBN and a poorly timed sale in IONQ. I had some upside in WDC, NUE, and COP — but it didn’t make up the difference in a market ripping higher and me with 30% of my portfolio SHORT leveraged instruments. Since then, markets have suddenly, and all at once, given up much of their gains — but I do not and will not get too excited about it.
Again, during the National Festival week, it is atypical to expect markets to plunge lower. I see they sort of want to plunge lower with many cool stocks knifing down now — but I will not get excited.
Because whilst this is occurring in the IWM and “cool stocks”, there is strength in banks, coils and cryptos. I cannot, as I’ve said earlier, get too excited over the prospects that might leveraged instruments SHORT the market might appreciate in value — which they are — but I cannot let that taint my bias.
Down 60bps, cool as a cucumber.
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Only 2021 would let the great celebrations of Thanksgiving and Xmas be tainted with lower stonk prices. Truly a heinous and blasphemous year if ever there was one.
Amen. It’s hard to be the ‘Cain’ (I know Fly got that). Thus far the Turkey has betrayed me laddies. Arrrr.
It’s over. Bond yields are breaking out.
We dive into the close – end down into Thanksgiving – and prepare for a CHRISTMAS CALAMITY.
You were spewing this same nonsense 1500 S&P points ago. You’re a LARPer
And then I packed up and took a year off and let my 401k run.
Now I’m back.
That’s why you’re a larper
You’re a 4 letter name on the internet dumbass gambling on 38x PE tech stocks. We’re all larpers.
May your gravy be lumpy and turkey nothing but thigh meat.
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LOL