Pennies and small caps are mostly higher, more than 1%, while larger cap stocks do nothing. The Dow is higher by 200+ and the Nasdaq is off by 40. The rotation we’re seeing today is out of FAANG and into piece of shit mortgage and other low market cap offal.
While I do enjoy this form of speculation, I have a keen sense of uneasiness right now and it has washed over me like an electric current. I am partially disappointed and partially sickened by my current pastiche of “winners” and might clean them out shortly.
Gold and silver are higher, which is only adding to my angst, since I own DUST. Other than that, more than 50% cash — waiting for something to pounce on.If you enjoy the content at iBankCoin, please follow us on Twitter