Hey, it looks like communism is on the table. Recent polling data and betting markets has Kamala winning this fall, in spite of Trump visiting the black journalists organization in Chicago yesterday, describing in great detail how much of a friend he is to the black community. I am sure the blacks will spill out in droves this November to vote for him instead of the very obviously Indian Kamala Harris.
As such, markets have begun to price it in, with the $KRE leading to the downside, HAMMERED by 3.3% and the $IWM leading lower by 2%.
In case you’re wondering, the $IWM was up a mere 0.58% yesterday, which means all recent buyers are currently fucked. Perhaps Trump will do a better speech today to elucidate his fealty to “black jobs” and assuage Tyrone to campaign for him, in this most important election of all time. Out of all of the elections, this one, unlike all others, is most important. I’m afraid if Trump doesn’t “get in”, the country will become communist and all of the Marxists will draw from their lists, people like me and you, and summarily execute them. They’d be smart to get rid of me, since I will always be a thorn in their side, needling them whenever I get the chance. It’s just the sort of person that I am, altruistically agitating for the sake of causing trouble and trouble alone.
Moving on, market breadth has collapsed and it appears nothing but red is on my screen; but do not rule out an absurd 15 green candle afternoon spree out of nowhere just to fuck with you. It is because of this idea I have been quit tempered with hedges and sadly have not permitted them to fully blossom in all of their grandeur. Ideally, I’d like to short this market to zero, perhaps lower. The only way to stop them is to take all of their money, which is virtually impossible because they have all of the money. Even still, it’s fun to pretend.
If you enjoy the content at iBankCoin, please follow us on Twitter