There’s something inherently wrong about being bearish on stocks. I’ve come to re-program myself into believing there is literally nothing that is able to stop the upward march of progress in capital markets. Sure, every so often, brief periods of angst and dissipated zeal edge into the tape — causing an inconvenient ruckus of sorts. But it’s never lasting and it’s always worth buying.
When was the last time we had a really good row in the markets? When was the last time you were scared?
There are some out there who, stupidly, will take a post like this as a legitimate reason to sell stocks — citing feckless anecdotal evidence from some guy from NJ who blogs anonymously and talks shit on Twitter as a reason to fade a bullish opinion. I’ve been talking shit since I was 4, so don’t use me in one of your psychological experiments in high finance. You’ll just end up wrecking yourself and your lifestyle.
Early going I have a mixed bag, with FRPT up and CBLK down. Markets are leaning towards weakness — partly due to the China trade war, but mostly because it’s August and people with money are on vacation and actionable trading is all but automated to a few pikers from the B team.If you enjoy the content at iBankCoin, please follow us on Twitter