I was on tilt Friday, buying and leveraging into commodities in the hopes of going green. What I could not do on Friday I did today, surging 187bps in trading, more than 450bps in my YOLO. I was going to leave the stocks that were working, but seeing the overall condition of the market made me change my mind, so I’m 100% cash.
Gains are locked in. Cash has been raised. Let the cataclysm begin.
High beta stocks are off a staggering 4% today. Tech is dead.If you enjoy the content at iBankCoin, please follow us on Twitter