I went into the market and initiated additional risk today. I bought a full size SCTY long and paired it with a smaller sized SFM long. The SCTY long is a component of watching the TAN ETF and another chapter in my Elon Musk admiration saga. I have always been a harsh critic of solar technology but if Elon gives it the Midas touch it will power cities effortlessly sooner rather than tremendously later.
The balance continues on the Nasdaq and S&P although significant amount of pressure is being applied to the sellers all day. Price continues to linger on the highs without much in the way of a rotation lower.
While all of this is occurring my very hot, top-notch momo stocks are SILENT. Like, scary move silent.
Adding high profile SCTY to a basket with ONVO, RVLT, lots of GOGO, and a few other menaces (LEDS WTF?) was like smoking a Newport (extra LO) whilst laying on a crate of dynamite to stargaze.
The combustible matter below my person will either propel me to the stars or leave no remains except a dusty crater in the night.
I’m sick of waiting for my outcome.
Excellent symmetry in this video: