The summer sizzle is real.
What is Stocklabs telling us for August? Similar stats.
Once upon a time I used to deride the summer months as a waste of time, where “junior at the trading turret” was left in charge while the PM was at Newport doing cocaine for the summer. It seems this trend in the past decade plus has reversed. This does not mean the market will rise in August, but it’s certainly interesting to see how the market rhymes.
In product related news: Stocklabs is close to launching alpha trial for two new products — options and Artificial Intelligence.
During this period, we will permit free trials to happen again. We suspended them due to some bad actors taking advantage of my generosity. The AI tools is part of a comprehensive effort on my part to upload my brain into the internets so that when I die — the youth will be able to communicate with me and I will become immortal.
It is going to be nothing less than staggering.
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