Check out the title of my last post. Twitter & FireEye trending higher? For anyone trading in 2015-16, you know the agony associated with the two names. That headline deserved to trigger a market sell-off, no?
Things are not all that bad though. Indeed, the Chinese lotto is still in full swing with today’s winner being $CYOU. That daily chart is a thing of beauty. Or, how about my stock of the year, $NTDOY? Bulletproof.
Then there’s the Trump tickers, like letter $X. I’m underwater in my recent position from $21, but I can’t help but think this is a buy sub $20. Same goes for $CLF, I’m tempted. It was all good just a day ago, no? This too shall pass.
Summary: It’s not all that scary out there; just peak insanity from Washington DC.If you enjoy the content at iBankCoin, please follow us on Twitter