It doesn’t surprise me to see natural gas up 10% and the NASDAQ -200, since that’s exactly what western leadership is aiming to achieve with their war against Russia. We should expect more of the same in the coming months, and much worse, as all of Europe heaves over into a pit of ice and freezes over this winter, in the name of Nuland.
Might I add, both bears and bulls alike will find the market difficult to trade on a day to day basis due to short squeezes and out of nowhere collapses. This is what a bear market does: it wears you down and plays off your emotions and causes traders to err.
This morning we have everything down but risk averse stocks, mostly found in consumer staples and utilities. I entered the session 20% UVIX and barely closed out my trades with profits because of some overweight longs PLUNGING at the open. Even though I lost 2% on Friday and wanted the market to crash lower today, my cards were such that I came out only a mild winner. I accept this very small victory and will build upon it to fulfill my destiny as “world’s best trade, speculatoor extraordinaire.”
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