The US 10yr was up an astounding 16bps today, WTI +7.3%, all thanks and praise to the inflation monster eating away at our buying power. The only way to keep up with this double digit inflation is to hedge, via INCREASING your net worth. You can do this easily via buying commodity related stocks.
I did this and gained nearly 400bps today, in frantic trading. I also took sojourns into several EV stocks, CENN, LILM, AYRO and banked on them too. My strategy is simple: hedge every close, focus core on commodities (ag, steel, oils) trade around it by using the volume tools made available in Stocklabs.
Year to date, I am now up 18.4%. My algorithm based account, which went all in on TQQQ last week, will be liquidated tomorrow and placed in cash until the next OS signal. My opinion on the direction of the tape is mixed. Long term I feel we are doomed. I do, however, acknowledge we are in a period of calm normality even in the midst of war and could see stocks jimmy higher. There is substantial headline risk in this tape and that’s why I believe every close should be hedged. I chose a 10% UVXY position today.
Cheers.
New Record Highs, Le Fly
It seems prices have not really trickled down to store shelves just yet. Not that I was really paying attention, but Costco seemed somewhat busy. But other shoppers did not appear to be wheeling 400 lb carts around as I was.
We’ll get there soon enough.
It’ll be like Walmart at Christmas.
The media LIED about the Hunter Laptop story, the corruption in Ukraine, Russia and China and accused Trump of exactly what his enemies were guilty of themselves.
They knew it all and lied about it – and now refuse to talk about it. The average moron who watches MSM still is living in lala land as he thanks big gov for his stimmy check while suffering inflation that makes that check worth nothing. Leftists – you were DUPED; wake up and stop voting for any candidate with a (D) after their name!