iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,419 Blog Posts

Market is Materially Weakening

It’s a stated fact that markets are weakening over the past week. Below you can see the denigration of breadth. At the same time, it’s worth noting, wanton degeneracy is on the rise — which of course is part and parcel of anyone living in America.

As far as I can tell, we can either go up or down — it’s that simple. Ergo, and this goes without saying, you must make a choice.

Do you want to bet on Team Biden is Chinese balloon slaying queens?

Or, would you prefer to bet in the inevitable dissolution and complete and total annihilation of western finance as we know it?

Your call.

As for me, I am 100% long again, plus three degenerate stocks that I held from this morning all in the hole now. And I have a 10% position in SOXS — because I too am contemplating the annihilation phase of this rally.

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