I Have Two New Giant Positions

I sold out of UNXL and OWW, one for a 4% loss, the other for an 11% gain. Let’s be frank, as well as clear, one of those picks came from the mind of a financial genius, the other from a vagrant.

With the proceeds and a little bit of leverage, I bought into the fat faced American, going long FWM.

In addition, I bought O, the REIT, intended to protect my gains during the arduous months of July and August.

Yes, it is my belief that rates will drop again. Hence, any REIT purchased now can and will be sold later at a profit.

So far, the market isn’t showing any signs of let up, despite what the stick eaters in the comments section like to say. You have your cocaine, gorilla, train raping markets and then you have this, something a bit more austere. How do I say, something more relaxed, discrete, ceremonial even.

Try to avoid being stupid by going against the trend all the time. It works until it doesn’t work anymore. Get it? You can get lucky only so many times. Eventually, markets go higher and you will be left holding your nuts.