Source of funds: everything.
ENPH down 12% is a major red flag and do not be surprised to see the commodity sector get hit harder than you thought possible. It’s not because prices are weak — but because hedge funds are now BLOWING THE FUCK UP AND OUT and will be FORCED to sell their holdings to raise funds to meet redemptions.
Listen to me, The Black Flag of certain death is flying on the vessel now and grape is being shot into your portfolios. The selling in names like GNRC, SE, ENPH, MOS, PLUG, AA, CCJ is FRANTIC and people are losing their shit — because the market is crashing now and there isn’t anything you or your stupid friends can do about it.
I sold everything but my shorts — because fuck this tape — and I will not be doing anything until end of session.
If you enjoy the content at iBankCoin, please follow us on Twitter
On this day, where Cathie Woods ARKK fund reversed the entire prior two years, I hope every hedge fun manager understands…
ARKK will trade back to their initial capital raise and more and they are all going down with her.