This Will Get Worse: The Crypto Event I’m Hosting (And A Stock Market Note)
Markets got ugly again today. I covered quite a few shorts and bough a little more TWTR (and some TWTR calls dated out a month or two, 10-20% out-of-the-money strike prices) in the hedge fund. Did nothing in the personal account. Remember how I remind you of the Anti-Trade Alerts that it’s often the best thing to do nothing? We nibbled some of our favorite longs the last time they crashed at these and lower levels, so I remain patient. I am likely to start building up a new name or as I finish up homework. But no rush there either right now. Will let you know if/when I do.
A couple housekeeping items for you.
First, I want to let you know that I’ll be MC’ing a cryptocurrency event called “This will get worse before it gets better: Are US regulators an obstructive bottleneck or important brake on blockchain adoption?” in NYC next Tuesday at April 12 at 3:30pm ET. You can watch a live stream of the event by going here.
Also, let’s do this week’s Live Q&A Chat on Friday at 9am. There won’t be a chat (or many articles either) next week while I’m in NYC.