It was all fun and games up until the point when your candidate caught an FBI investigation one week prior to the general election. As the Trump train rolls on, fears are rampant across Wall Street. Risk assets are being sold, ad hoc.
The Nasdaq fell by nearly 50 points, WTI crude off by 2.5%, natural gas off by 3.9% and the Mexican peso was off by another 0.83%.
Gold moved higher, once again, and bonds edged higher as moronic hedge fund managers took a break from the cocaine to better protect their assets.
My shorts moved lower with vigor.
FCX, DB, CAT, ULTA and LFC all sank — buoying the FIST OF DEATH to its eventual legendary status.
According to the recent LA Times poll, Trump is +6. Ergo, and this goes without saying, there’s a storm brewing in the not so distant future. You’d be wise to avoid buying into the market ahead of the election, which might prove to be one of the most pivotal moments in American history.
If you enjoy the content at iBankCoin, please follow us on Twitter
Vix hourly is a thing of beauty.