Don’t Try to Make Sense of All This

How can oil be in the 50s again while BLNK and TSLA are at record highs? How can Biden promise to destroy oil and yet oil prices do nothing but go up? How can govt print money and inflation be non existent? How can inflation be non existent yet I see prices rising? How could the dollar go down yet gold also goes down?

Ever find yourselves trying to figure stuff out with logic only to be confounded and as a result malinvested?

Price discovery is the only arbiter when trading. Nothing else matters. You might think you know stuff based upon what people say or things that you read. But therein lies the problem. You might have false information or even worse unreliable narrators who either lie or exaggerate their claims, such as Biden saying he’ll destroy oil.

No he won’t.

The only thing that matters, not to be insufferably preachy, is what the stock is doing now. Everything else is simply bullshit.

Looks like another solid day, big outsized moved in alt energy led by PLUG and BLDP. I cannot believe how high these stocks are now. I’m trading small, 40% cash at most times, turning over 50+ trades per day now. In the past I rarely day traded, now it’s all I do.