THE CLOSE WAS CRASHED AGAIN; YEAR ONE OF STOCKLABS IN THE BOOKS

The NASDAQ was castrated for 185, while the Ruble gained 5% against the dollar and Russia called up another 60,000 soldiers to intensify their war on Ukraine. Nothing about any of the news is boolish — yet like a moron I squandered a perfectly terrible day because I believed stocks could bounce. Mid-day I bought a slew of tech stocks, only to sell them off miserably for losses a few hours later. Don’t hate me for being aspirational.

I kept my commodity holdings and bought more and ended the session +0.04%, +60bps for the week. My Quant was higher by more than 3% because its all in on oils. YTD, my gains stand near +30%.

The first week of the contest ended in spectacular fashion with one lad ALREADY DOUBLING his money, followed by a few others very far away. As you can see below — yes that is the Belarusian dictator LUKASHENKO in the contest with a portfolio called SHORT THE WEST, +13% for the week.

This marks one year since Stocklabs launched and although we had some technical hiccups along the way, we are firmly positioned for some real innovation in year two. We are presently working on an options platform and also an AI/ML set of tools that will really blow your minds when I release it. I do intend to let all members alpha trial this new tools before launch, so stay tuned for updates throughout the year.

Thank you for a great first year of trading and fun inside Stocklabs. We have quite the group inside there and although it can at times unravel into anarchy and cataclysm — it truly is a gem and very valuable to me — not only from the vast sums of money I make from it — but of the long lasting friendships (Ryan Reynolds gif)