You got 1 day to enjoy and it was today. Those who had the gumption, and the internal fortitude, to risk assets in smaller capped named have dominated for 6 months. Only today did the mega-capped FANNGfags reassert their dominance. My sense, this will be short lived — short like their cocks.
Returns for the day, sorted by market cap
Over $100b: +0.80%
$50-100b: +0.41%
$10-50b: -0.17%
$5-10b: -0.52%
$1-5B: -0.83%
Under $1b: -0.96%
You weren’t special today, or especially smart — just lucky. Do not inflate the depths of your black ego, for tomorrow another reversion shall commence and your safe haven will be ripped from crown to root and tossed into shambles.
Rotations do happen and I will allocate into it, should it become a trend. But one day doesn’t make a trend, nor does a singular day make a brave warrior out of a coward who’s been running way and hiding inside his FAANG mobile.
Cheers to the new highs and the fun times we had getting here. But fuck today, seriously.
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