Morning dips will always rip. Morning rips will always dip.
Remember these words for the remainder of your lives. I sold out of my entire portfolio in the morning, as I do each Monday, with exception to BTC which is a permanent long. I’m up 52bps thanks to my very large short positions. However, markets are now recovering from early losses and I wouldn’t be surprised to see it go green.
The news is almost immaterial. There is nothing to celebrate other than the mechanical process of wanting higher stock prices. In a perfect world, stocks would plummet and never recover. But we live in a post modernist hellscape where trannies rule over us and fashionable dinner parties now serve Bud Light.
I am eternally bearish, but constructive.
I’ll be reinvesting the Stocklabs trading account after 12pm.
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