This portfolio positioning is playing out nicely today. I’ll be watching to see if we get continuation, or whether this turns into a quick snapback. Wednesday’s core print should be interesting.
Q1 Update - I've moved a lot of positioning around last week and today, opening large positions in $XOM, $PGR, $CB, $JPM, $AXP, while still holding some of my technology and biotech names(albeit much smaller). I am always ready to get on large futures positions when the opportunity presents itself.
It’s getting difficult to just watch it all fall apart. Every single successful young Canadian I know says the same thing. It feels like individually you can’t make a difference; boomers will continually be brainwashed and they outnumber us. It’s just best to pack up and move on. Come back for visits in the summer.
@seedy19tron@meremrtl Positioning is what creates moves like this. Once the catalyst disappears, impatience and market making algos take over and price starts auctioning toward the area of maximum pain while hunting liquidity along the way. Bring a catalyst back and MM algos will turn off.
Currently, yes. I already use private healthcare here. I’d move to a better climate state like California / Florida, where my son would grow up around a deeper network, more ambition, and a more open, risk-taking culture. Canada’s “free” model works until wealth gives you options.
@orrdavid Agreed, you can tell these bad actors by how much they post, talk, and share information. Professional traders spend 90 percent of their time digesting information, not vomiting it on their timeline. @orrdavid