18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
21,399 Blog Posts

Waiting For a Pullback?

This is how you get hooked. You’re expecting a pullback because nothing goes straight up. You might get a small one soon but then you’ll think there’s more to it and next thing you know — you’re short into Thanksgiving, 100% fucked.

Listen to me now: the coast is clear from now thru Thanksgiving. Invest at your leisure, but avoid overweight small caps.

On the energy and crypto side: too much too fast. I’d wait for WTI to go green before buying into oils today. If you’re longer term, oils work. As for cryptos, still long ETH and I’ve been buying Solana (SOL).

The market is safu.

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  1. Mr. Cain Thaler

    Yep. Crazy as it is, commodity prices seem to be cooperating for now. Big question is there enough inflation baked in from housing and wages to keep pressure on bonds from here?

    If bonds can rally, we’re in the clear and stonks go up.

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  2. soupbone

    There’s a boat load of inflation coming and nothing but.

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