Bubble Stocks Ripped to Shreds Again; Flight to Safety

Commodity related stocks, and chems, have caught a bid today, while Bubble Stocks get their fucking brains smashed in. I am still going with the 2014 narrative when Bubble stocks got cut in half, all the while everything else went on, business as usual. That’s the funniest thing about investing, no one gives a shit about your losses.

Listen to me.

You were positioned wrong. Take your losses like a fucking man and move on. If you would not buy the stocks in your portfolio right now, sell them. Your losses mean nothing to the market and your cost basis importance is the least important thing in the world, you dumb child.

I got lucky, rolled into today 3x short via TZA and that’s it — all cash. Since then, I delved into some commodity related names, higher quality cloth, in an effort to press my rights upon this market. However, I cannot see myself delving, mind you, back into Bubble stocks today. Yesterday was an utter nightmare for me and it haunted me the entire day. To think, I am up 175% for the year, yet felt no happiness about it at all, only the gloom persisted from yesterday’s 4% mauling.

The cause for all of this discord is the 10yr, now yielding 1.66%. Yields are rising everywhere, due to inflation. Ergo, inflation sensitive stocks seeeeeeem smart now. But who knows? Truthfully, I could be back to buying SHITSTOCKS today, given the right move here.

As an aside, my current favorite SHITCOIN, MANA, was blessed by Grayscale today, who said they would create a trust for the crypto currency. Very massive news for the burgeoning virtual world.