After my previous blog, markets almost immediately shot higher and continues to jog on for the duration of the session. While some of the more emotional effeminate traders on Twitter might’ve laid down prone — waiting for the lawnmowers to circumvent the crevices of your faces — “The Fly” went to work on a journey to close exactly flat. I nearly accomplished this feat of trading perfection but was upbraided at the bell and ended up losing 2bps.
After the close $MSFT beat and $GOOGL beat — but both went in opposite directions with the evil incarnate Bill Gates lifting 5.5% in the after hours session and the Censorship Bureau for The New brave Republic of America aka Google — off by 5.5%. In other words, a circle jerk.
It should be noted a took a sizable hedge against my longs betting against the bastards at Google via $FNGD. As of now, my schemes fell flat since the ETF is down 0.6% in the AHs.
We were supposed to crash through the fucking floorboards today and we did not. I am hopeful we can find the courage to see to it tomorrow — sledding lower in a fury taking out all of the stops and laying the bulls down prostrate for the lawnmowers to clean up.
My gains for the year are +40%. My intention is to survive October and then weigh into a sharp selling frenzy with buy orders — all but bailing out the entire stock market and western finance in one fell swoop. I do not believe we’ll trade down in November and I would be wise to remember that when I’m actually trading in November calling for a complete closure of the exchanges and suspension of western finance in order to stop the bleeding.
That’ll have to wait for 2024.
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