Commodity related stocks are atop the market hierarchy today, thanks in large part to newly minted Fed talking points, all inferred by the zeitgeist to be inherently bullish. We have a system in place that is rigged towards the investor. If you’re begging for a remediation of prices — good luck.
Yesterday I traded by phone whilst cavorting via Boston and did miserably, shedding more than 250bps and putting me back to break even for the month. Without the comforts of my 1000 monitors, I am subject to the whims of the market, which is changeable and unforgiving. We are not in a good market, but just one that doesn’t go down.
Early on, I have bets in tech, crypto derivative plays, and some small floaters. Several people caught SPRT inside Stocklabs yesterday, common and calls, and it angers me that I’m missing out.
Nevertheless, I’m here to send off my daughter to college and she is very happy to be here so I am happy. Tomorrow I depart and won’t be back until October and although it’s somewhat bittersweet to see her go, I cannot help but to think this is the best thing for her.If you enjoy the content at iBankCoin, please follow us on Twitter