Cursed on a Ramp Day — Deception Around Each Bend

I shed 122bps for the session and got whipsawed in a series of shifting narratives. I settled on going all in on a pastiche of large to tera cap stocks on leverage. I am on tilt, but in a secure way that assures massive success and prosperity.

Breadth was an abysmal 35% and all the headlines will read today is NASDAQ +116 to record highs and everyone will pretend like today was a good session. But it was not. It was a dreadful session, if you didn’t own just AMZN and AAPL and anyone who truly trades stocks will tell you the same.

Perhaps we ramp again on Tuesday, following a long weekend of patriotic festivities intermittently disturbed by the occasional riot, flag burning and of course removal of statues depicting white men. I will of course light fired crackers and partake in the old grilling traditions — maybe even consume carbs and drink several beers. I will not, however, enjoy the day off on Monday — since I am not slothful and I do not enjoy days off. I want to work all the time and when I am not working all the time I am angered by the fact I cannot work more.

REMINDER: SL News is free and is a great resource for keeping informed.
READ Le Fly’s two short books this holiday weekend and know what it’s like to be a crazy man trading during the dot com era.

PARTAKE in a little wanton consumption and acquire some RARE iBC merch and collectors items. Be the talk of your town.

LASTLY, Stocklabs is here for you and live. We have thrown Exodus into the sewers and burned her, replacing it with a greater and one billion percent more efficient platform. Come back next week fresh and renewed and join us in the Pelican Room.

Ok, that’s enough whoring. Ciao.