The Tape is Still Bullish

I saw Napoleon over the weekend — what an uninspired piece of shit production. Everything was bad — from the set to the acting to the moronic and anti-historical storyline. It seems to me, movies have gotten progressively worse since COVID. It’s almost as if these writer and actors are now, somehow, oddly impaired — producing shit tier films. I’ve also marveled at how CGI has gotten worse over the years, something that doesn’t make any sense but presents itself all the time in modern cinema. It just goes to show you how unserious a people we are.

I have taken the day off until now — by by 105bps. The market is good, led higher and stronger by retail, basic materials and a very strong big in the semis. $AVGO has finally achieved the $1,000 roll, which of course was inevitable. I had bet my eternal soul for nothing in return it would happen and voila — here I am right but without any gains to show for it since I was not long.

I was long $SE into today and got bagged due to Tik Tok buying their chief competitor. Today is not a runaway melt up sort of day. With cryptos lower, we have a mix, a rotation even, out of the more degenerate names and back into the lesser degenerate names.

I will attempt a foray at regaining some losses into the final hour — but more importantly set up for the morrow.