Even though I’ve taken on positions in SOXS, FAZ, and DRIP — the trend is higher. I know, what could possibly cause stocks to go up?
Stocks trade up for all sorts of reasons. If I was to give you my best advice, I’d say to eat a sandwich and to chill the fuck out. My shorts are anticipatory trade, unconfirmed. While the markets look tired and we might be topping, price action hasn’t confirmed these theories. Ergo, one must remain open to the idea of even more upside, in spite of how annoying it all is — given the news.If you enjoy the content at iBankCoin, please follow us on Twitter