REMINDOOR: Markets Don’t Bottom on Friday’s

Perhaps it’s a bit drama Kingish to suggest “OMG SOME FUNDS ARE DEFINITELY BLOWING UP NOW” but it’s always a possibility.

This morning oils are bid and everything else, or at least most stocks are down. I’m only holding shorts now, 78% cash, because the commodity trade has me a little worried. Again, I might be falling into unnecessary FUD. Not sure yet.

Basically everything is bearish now, save old man divvy stocks, and interest rates are soaring and input costs remain elevated. Not a bullish set up worth exploring, if I might be so bold.