Today could very well be a pivotal day for stocks, but I’m out, 100% cash. I made 44bps and I sold out of everything — but still long in my quant of course.
My rationale is that I couldn’t give a fuck about a super awesome and amazing bounce. The market is diseased and my preference is not to be lured into rallies that are prone to fail.
Stocks might rise 10% today and if they do GOD BLESS. I’ll be back later to sell it short.
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We’re close but it ain’t today… within the next couple of days though .. one last OMG it’s over and then.. yeah I’d say it’s on!
They’re tossing out uvxy/uvix again. Might consider a reload.
check out doomberg #334 starts @ 8 mins
https://tftc.io/podcasts/
Monkeypox pandemic coming. Now detected in about 20 to 30 countries – just in the last week or so.
Kills 10 times the rate of COVID. USA (BARDA) has just ordered 13 million vaccine doses.
Just in time for the midterms – gotta keep those drop boxes.