iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
20,688 Blog Posts

Value Stocks Slumber While Momentum Barnstorms Ahead

I got fucked a little with Amazon’s latest foray into healthcare, sending shares of MCK and CVS sharply to the downside. I sold both and moved on, -7 and -9% respectively. I don’t hold anything, lest I’m super confident, after -10%. This was close enough for me.

I rolled the proceeds into two ancillary crypto stock plays, as BTC big dick moves higher, steamrolling towards new record highs. I am, as you know, very bullish on ETH and expect it to trade into the thousands at some point this decade.

Overall mixed bag for me, quant up, trading down. I’m not at the home office, so I’m not slaving in front a series of screens today, jerking off to moving averages. Nevertheless, I see momentum is back in play with alt energy and EV stocks popping off, leaving my old man stocks in the fucking dust.

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5 comments

  1. emersonlakepalmer

    I hope Hillary becomes our ambassador to the United Nations. She is uniquely qualified as she knows how to munch Muslim carpet. She was also more than qualified to be our Secretary of State as she survived intense sniper fire in Bosnia in 1996. I just had lunch with her and Dickie Blumenthal and was mesmerized by their tales of courage and leadership whilst under enemy attack. I feel much safer with those types of politicians leading my country. I had a rare T-Bone steak no veggies, Hillary had a chick pea salad and Dickie had cum.

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  2. purdy

    End times. Shorted S+P, stop HOD.

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