Good news everyone: Zelensky is coming to the US to bring Americans Xmas joy, and also cajole you to protect Slavic freedoms at the expense of your children’s lives. The democracy of Ukraine, founded by a violent military coup, is all the rage these days and it’s important we, as Americans, protect that form of government.
I had entered today thinking 100% sure we would collapse today; but that was mostly wishful thinking. I had to close out my SOXS hedge this morning and let my longs run because the buying, well, the buying was a bit too much to stop.
For the entire year I have been bearish and for the entire year markets have been under pressure. However, we’ve had like 10 ONE THOUSAND point rallies too, most of which I’ve missed out on. This is why I’ve let the Stocklabs quant allocate my longs every week, no questions asked. I buy stocks on Monday, 100% long, and the trade around it long and short using leverage.
The net result?
My best returns since May.
It’s Xmas you Scrooge bastards. Get in the consumer spirit you son of a bitch and buy some stocks!
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The US government is hemorrhaging cash and credibility. “How long can this go on?” says I. A trillion here, a trillion there, soon you’re talking about real money. does anybody hold the national purse strings? I think not. Drunken sailors, the lot of them. Including Biden and Trump.
Good points Cricket. Biden has been a singular disaster for this nation. I felt Trump’s mouth was always out of whack, and while the attacks on him have been unfair, outrageous and mostly unwarranted, I can’t stomach anymore of his stupid comments and gimmicks (The NFT’s were the final nail for me) despite some solid policies he made.
The last minute attempt to spend nearly 2 TRILLION more that we simply do NOT HAVE is the Democrat-Socialist-Islamist parties final ‘fuk YOU’ to the USA as at least 1 branch of legislature leaves their grasp – and it is being snuck in on the last few days before they are forced out.
Naturally Mitch and the RINOs will simply go along with even more reckless spending on the twilight of full Dem control and we have Zelensky panhandling for a few dozen more billion that will go who knows where. Instead of putting any effort into stopping this madness Rinos go along afraid more of a true conservative right, than a radical extreme left. Only a Desantis type of leader in 2024 can save us.. if our nation can even SURVIVE another 2 years of this insanity.
SBF is on the way to the SAME place jail where Epstein died… thoughts anyone??