I’m long YOU in decent size due to their ability to make vaccine passports, which as you know is now accepted and requested by a large portion of the slave-cattle. I’m also long RIGL, small size, thanks to their development in a blood clot drug, which can be given to slave-cattle after their 5th booster shots.
I was all in long today into a decent meltup and cashed out for +210bps, placing me back into the green for August, +260bps.
I went long some China centric names here but am 70% cash, with a side eye on more China stocks and perhaps other reflationary plays. The enthusiasm is, which is wrong, the vaccine approval will now stop COVID. Show me the evidence of this happening anywhere on the planet. Israel? Iceland? Maine?
I don’t want to be blackpilled, so I’ll try not to overthink it and take it day by day — but the Fall and winter flu season can be something of a fuckery this year.
In the interim, I’ll be trading and trading well. Reminder: we are granting free access to Stocklabs pro tools this week for basic users. I’ll probably not do this again for a long time.
I’m in Boston now and busy with daughter heading to college. I won’t be trading or blogging today, so wish me luck and I’ll see you tonight.If you enjoy the content at iBankCoin, please follow us on Twitter