I’m feeling terrible this morning, but grateful for not being vaccinated.
Last night cryptos just completely liquidated. Most are now worth zero. This morning stocks are tricking people left and right into believing a bottom is in. The sell off is once again ORDERLY and I ended up selling my hedge for profit and several longs at a loss. As of now I am half cash and half refiners, ag, and SE.
SE is the perfect stock to embody this market, always has been. It went from $40 to $400 in the recent bubble and now back into the 50s, clownishly. There are major institutions who own it and buried by it and it’s the perfect stock to bounce, if there even is such a thing.
Since I’m not feeling well, perhaps it’s allergies or perhaps something a bit more, I’ll be trading light, but checking in every now and then in between nightmares.If you enjoy the content at iBankCoin, please follow us on Twitter