Pure stupidity underway and I’m fighting the sudden urge to short everything based upon what I believe is a fallacious reason for a rally.
First of all, natty is up 8 fucking percent and fast approaching $10. Secondly, gasoline prices have never been higher. Thirdly, solar stocks are up 6% because Jim Biden is gonna defeat Russia by lifting tariffs on solar panels. Fourthly, Chinese stocks are roaring higher because who knows? Do I even need to bother to view the news?
The Nasdaq is higher by 200 and I’m not in the mood to chase the moon based off a pipe dream. But I ought to be careful as to not letting my feeeeelings get in the way of sensible trading. After all, if the market believes we’re gonna beat Russia to death with solar panels, I ought to listen.
For now, I’ll stay in cash.
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