BAS has imploded 15% in a week. I always pare back that position opportunistically when I can, precisely because I cannot trust it. Sadly, I added on to quick, down 10%, and now have some losses to show for it. The stock is owned by cowards of the lowest caliber.
HCLP is also disappointing me, down off a resurgence from the backs of the frack sand article that made rounds last week.
I was getting excited about TSLA’s selloff, but that has shored up, and is pushing higher. My expectation is the first round of put options expire worthless. I have high hopes for the longer expiration dates.
CCJ though is looking promising. Silver is also pressing higher – I would love a precious metals price recovery for Christmas.
My portfolio is flat on the day. December is young, but time is short, and it appears that I will merely perform with the market this year. A grand opportunity to broadly defeat the indices, rallied from my huge RGR trade in the beginning of the year, was wasted, sadly.
But, maybe Santa Clause will deliver a holiday special for Cain. He has plenty of times before.If you enjoy the content at iBankCoin, please follow us on Twitter