I realize Thanksgiving is illegal in many parts of the country this year. However, the point remains, thou shalt not sell short US equities into the haze of National Festival. It’s simply inappropriate to think and to behave with such malice, at a time of year when we stuff our faces with cranned berried sauce and drink whole bottles of wine straight from the bottle.
I will have you know, I am SUSPENDING my booze free commitment next week thru Thanksgiving, in order to drink all the time. I have every intention of drinking all the time, maybe even during trading hours.
Today’s tape is of course good but I have been out again. I will be back to normal trading hours soon enough. My Mother In-law is scheduled to arrive here tomorrow, which will last for what I imagine to be many many months.This is fine by me since she is a big Fly fan, even taking my side often against the sometimes evil Mrs. Fly.
My accounts are all up, trading +55bps, a rather somber and milquetoast showing due to my value stocks predisposition. I sold NKLA today for +12% and I ought to venture out into more risky assets; I really should, but a value man cannot discard his convictions just because the market is handing out free money. I have a job to do, not exactly sure what that is anymore, but I am going to do it nevertheless.Comments »