I have been having fun trading in and out of monkeypox stocks today, all for immense profits. I started the day in the hole for 0.5% and now I’m up 0.8% thanks to reversals in pox stocks.
At the forefront of today’s lift is GOVX, TNXP, AEMD, CODS and formerly VRAX — which was up 20% but now down. These are crazy stocks for our crazy times and I am here for the glory of it all.
Into the final hours, I want heavy commodity exposure, especially ag, and I want to be short China via YANG. I am light on tech, but I do own HUBS. I do not like consumer oriented names. If I am playing reflation, I’d rather own materials.
On the matter of inflation, if these commodity prices keep ramping, expect to see bonds get hit again. A nice pair trade is short bonds via TMV and long commodities.
Eventually, if we are being honest here, stocks are heading back down to the lows — because the Fed is working against us and the war is being lost and we are being led wayward by imbeciles.If you enjoy the content at iBankCoin, please follow us on Twitter