Lots of pennies and smalls running to kick off the holiday season run. The market is always at its best this time of year, opting for higher prices more often than not — aspirational and the very best human disposition we have to offer.
Nevertheless, in my day trading account, I am back to cash aside from my BITO calls, because I’m up 116bps and that’s a fine return for a single day and I’ve learned harsh lessons since February about greed and the toll it can take when pursued at the wrong time.
My quant was liquidated as well in order to make way for the November portfolio, which should be selected by noon.
If you’re asking me if I like the market I would answer that I do. But if you’re asking me if I trusted the market, I most certainly do not.If you enjoy the content at iBankCoin, please follow us on Twitter