MARKETS POLEAXED INTO HELL, SENDING THE NASDAQ DOWN 6.66% FOR DECEMBER

It’s the worst Xmas since 2018 and before that 2002. We are, in fact, playing out a WORST CASE SCENARIO for markets and I think it’s 100% hilarious.

Naturally, I am immune to the pangs of disaster, even though I closed out my SQQQ hedge at the open. I have been fortunate to snag a Chinese Burrito runner in GOTU and it is now +84% in my purse. Presently, I am down 0.1%, eagerly waiting in the tall grass to make a move.

A little background on worst case scenarios and what they might portend for stocks in January.

Jan 2019 +9%
Jan 2003 +0.3%

In other words, at least based on the past, if we knife down into Xmas — we might bounce in December.

See, not all gloom and doom. Take the frown and turn it upside down. We might bounce in December!