I had a busy morning and was unable to view the market and to see BLRX above $1.80. I’ve done nothing, thus far, other than give back gains and lose money today. I suppose 10 yr rates at 3.2% is cause for concern; but it really isn’t.
We had a fairly docile September and it looks like markets are freaking out because it’s October and because stupid people are superstitious. Maybe if I threw salt over my back and skipped across some lines I could escape the wrath of October. Truth is, this shit can happen during any time of the year.
My game plan is simple: wait for an Exodus OS and then buy SPY or QQQ. Meanwhile, I’ll respect my 10% stop limits and enjoy sandwiches throughout the day. When I said 100 NASDAQS were stolen, I mean it. Whoever took it will have to return it. The NASDAQs aren’t rightfully theirs.
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My TWLO getting taken to the woodshed.
I was getting concerned until I saw that Showtime posted yesterday.
BIG-DICKED gains giving way to BIG-DICKED losses
Finally…the market is getting a little bit more interesting! I think Fed Chair Powell hates Trump’s guts and would not mind putting an end to this bull market if it meant Trump and his brand of politics would disappear into the annals of history. Thats my running thesis anyway.