Fly Sales: $PDD, $BILI

Both worked — made 4% on PDD and 7% on BILI. The idea was to get long non-correlated stocks and it worked.

Proceeds move to cash, ~40%.

I view solar, weed, and Chinese stocks as non-correlated sectors of the market now and are very bad tells for overall risk. The most correlated are SAAS — and they’re down around 1.1% for the session.

All in all, the near term technicals are okay. There is a big ass black candle today to look at; but the past two have resulted in higher prices. The reason why you should tread carefully is due to the fact we were butting up against former support, which is now resistance. Wall Street loves jerking off to poetic shit like this — so be on guard for a fresh leg lower tomorrow — led by oil and HYG.