Well, I'd said I'd send out a note from my wannabe staycation if things got crazy and here it is. It's just relentless selling out there. Have I mentioned that we are most definitely on the OTHER side of what was a 13-year long Bubble-Blowing Bull Market? Indeed. I remain cautious and defensive overall, although I did nibble a tiny bit of RKLB today. I've been warning … [Read more...] about Remain Cautious As The Great Bubble Unwind Continues
Trade Alert: Selling Three More Names Plus Some Thoughts on Cryptos and Crypto Stocks
One of my hedge fund friends' traders likes to say that stocks don't go up until people stop selling. It's not the buying power that makes stocks go up most of the time, it's the lack of sellers. The markets are trying to put on a meaningful bounce here and I'm going to calmly continue to clean out a bit of the portfolio here removing another losing name or two. I'm selling … [Read more...] about Trade Alert: Selling Three More Names Plus Some Thoughts on Cryptos and Crypto Stocks
Trade Alert: I’ve Been Wrong About A Lot And Here Are Some Moves I’m Making
I need to get this off my chest. I've been wrong about a lot for the last year. Though I definitely got more cautious as I did a "Great Reset" and trimmed several of our positions last year and stayed defensive overall as The Speculative And SPAC Bubble started popping and then I turned outright bearish and talked about how we were going through a Blow-Off Top back in November … [Read more...] about Trade Alert: I’ve Been Wrong About A Lot And Here Are Some Moves I’m Making
Trade Alert: We’ve Now Lived Through A Major Part Of The Crash
It's just nasty out there, with stocks down big across the board. Even the S&P 500 is just being taken out to the woodshed, down almost 3% on the day. The speculative stocks are down double digits across the board, ARKK is down almost 9% on the day, Bitcoin's down 10% since Friday's close and Ethereum is down 11% since Friday's close. It's ugly. I think we need to remain … [Read more...] about Trade Alert: We’ve Now Lived Through A Major Part Of The Crash
Trade Alert: How I’m Buying SKTL Space Tokens Since It Airdropped
Here's how I am starting to buy the tiniest bit of SKTLs Space Debris-Cleaning cryptocurrency tokens, and you can too even if you didn't get any of the free airdrop. To be clear, I am only buying the tiniest bit of SKTL tokens using maybe like 0.01% of my risk capital and I don't think anybody should risk much more than that on SKTL tokens either. Furthermore, I clearly have a … [Read more...] about Trade Alert: How I’m Buying SKTL Space Tokens Since It Airdropped
LAUNCH SUCCESS! The SKTLs Space Tokens Have Airdropped
The No BS Market remains the theme. Be careful, but I did do a little nibbling on some ROKU around $95 a share today. In the hedge fund, I covered a little bit of some shorts. Mostly sitting tight still waiting for these pitches to get better, as we have been for a long while now. LAUNCH SUCCESS! The SKTLs Airdrop has happened. Go to http://SKTLS.com for full details … [Read more...] about LAUNCH SUCCESS! The SKTLs Space Tokens Have Airdropped
Fed BS, Fear Is Always Wrong, Roku Is The Anti-Netflix, ETH Vs Bitcoin, And Much More
Here's the transcript from yesterday's Live Q&A Chat over zoom. The markets have given back all of yesterday's brief upside. Remember how I've been saying "This is a 'No BS Market'." Well, the Fed tried to BS everybody yesterday with their silly 50 bps raise yesterday. Rates are still way below where they should be if they are serious about fighting inflation. They needed … [Read more...] about Fed BS, Fear Is Always Wrong, Roku Is The Anti-Netflix, ETH Vs Bitcoin, And Much More
Recent Media Coverage
Media Coverage SKTLs has been featured on Fox Business, Marketwatch and all over the web. Here is some of the coverage. Co-founder of Sktls, the Space Debris-Cleaning Cryptocurrency, on Fox Business Click to watch A Token To Clean Up Space? What Is Space Junk And Why Is It A Problem? Click to read Most Cryptos Are Not What They Appear To Be, ft. Cody Willard | … [Read more...] about Recent Media Coverage
Surviving The Crash Brings The Opportunities To Find Stocks That Go Up 100x
Here's part of what I sent out to my hedge fund investors in a letter yesterday. The markets yesterday tried to put in the kind of "abrupt ending" to the crash that I mention in the write-up (I wrote this over the weekend and finished up early yesterday when the markets were still tanking). Obviously only time will tell. "For the last dozen years or so, I continually … [Read more...] about Surviving The Crash Brings The Opportunities To Find Stocks That Go Up 100x
All Investing Is Value Investing, Earnings Reports, More
Here's the transcript for this week's Live Q&A Chat. Q. Really appreciate the sentiment in your notes on “not being scared” and keeping a cool head. Seems like there’s lots of upside from these current prices and staying even keeled is key. Currently sitting on a good amount of cash so have slowly been slowly scaling in with this weakness. No specific question here but … [Read more...] about All Investing Is Value Investing, Earnings Reports, More