It’s a lunatic market. What else is there to say?
Stocks go up, when they’re supposed to go down and vice versa.
One thing is abundantly clear: The bears are a bunch of old pussies, unable to ride a bicycle without training wheels, let alone drive this market lower.
Bottom line: [[POT]] is booking for $200. Retail stocks climb, despite a dead consumer. Bank stocks gain, on the backs of deceased lines of credit. In total, with the exception of a handful of tech names, the market is barely down, year to date.
This is supposed to be a “bear market” with a recessionary economy. However, investors are treating it like 1999 on vitamin B-12 injections—during boom time.
With the small amount of money I have left, I will throw money at homeless men in Manhattan.
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