BIG TRICKS WEEK

So it’s emblazoned into our minds the last Fed meeting, whereby the notion of a pivot caused stocks to fucking rampage higher, leaving short sellers in the gutter gutted. Now we wait for this month’s Fed meeting and the permanent bull class of investor is feeling rather smug, thinking the fix is in.

You see where I am going with this.

This is why my stock picks are being selected by Stocklabs for the foreseeable future. I will force myself into a 100% long portfolio based on the rules I set forth, and I will like it and stop being so god damned cynical.

Is it possible the Fed will somehow upset markets and send bulls seaworthy into a morass of misery? That’s always a possibility. But the odds are, given the time of year, we will see calmness.

I still reserve the right to hedge and of course boost returns with leverage. I’ll be closing out last week’s positions before noon today for this week’s picks.

So far I am +95bps for the session. This is a BIG WEEK for markets. Do not be fooled.