Although my stocks aren’t doing too great today, I can comfortably say, with a lot of comfort and ease, stocks are going to climb higher from here until Thanksgiving. People are so fat and greedy, they won’t be able to help themselves to another serving of gravy.
Breadth is only 66% today, fooling people with the market racing higher and middling internals. Days like this make people depressed and wanting to kill themselves.
“Why can’t my stocks go up too?”
Breadth is at 66% fucked face. Quit looking at the indices.
At any rate, I had a late afternoon, trying to get back into shape in anticipation of end of days. I need to get stronger and more vibrant, in order to kill people with my bare hands when the time comes. I now reside in a southern territory where roads are literally named after certain BBQ flavors. There is also a road called Jones Pork Sausages, or something close to that. Most of the people here are from the north, so that isn’t much fun. But every once in a while I run across some true southern gentry, and they are in fact entertaining — like circus animals clowns in suits.
I took a 10% loss in NVCR today and might trim some more in a few other non-participating names. Most of what I thought would play out today isn’t; but it is a Friday and I should temper my expectations.
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You moved there for lower taxes. Everything else is icing on the cake.
Buying insect metals hand over fist
“Most of what I thought would play out today isn’t”
Ditto x2
Probably the only thing not as crazy as AMZN today, is TSLA up 10% on zero news (unless I missed soemthing). Must be a lot of short-sellers on margin call with that one. $330 would noramlly be a great short-entry point, but considering how easily it blew past $320, its better to wait for $350, or at least some sign of weakness.
I am .99 % away from all time highs.
But yet you’ve never named your positions… I see why you chose your moniker as a *fictional* character instead of a real person
Is it really that hard to believe him? He’s a buy and hold equity guy with most markets either at all time or 52 week highs.
I’m at all time highs. Largest positions: SCHF, RGACX, AICRX, VGSNX, SCHX, SCHE, SCHZ, SCHH. Thank god for herd mentality.
It’s not the ATH thing, its the +38% that is less believeable, especailly since most investors underperform the market.
For example, given that you are in a series of funds, your performance is probably typical of most investors. However, not one of those is up 38% YTD.
So if anyone is up 38% based on buy-and-hold, that’s either (1) very good picking, (2) very lucky picking, or (3) very fictional picking.. Since he has never named any of his positions, the logical assumption is (3), or possible (2).
Hartman boasts about his picks, becuase he wants envy/admiration. However, if he actually thought his picks were the results of his skill and not blind luck, then why would he tell us what he’s picking?
That’s a good call. His YTD is likely bogus.