From the Slope of Hope: Over the G20 weekend, I stumbled upon a young fellow - - he fancies himself a trader, I suppose - - whose tweet caught my eye:
When a trader calls something easy, it gets my attention. When he denigrates "shorts", it gets my attention even more.
Sounds like a genius, huh? Anyway, Monday exploded higher, and he did as promised.
And he shares the wisdom of his rationale with the world.
I suspect this chap hasn't been within 500 yards of a bear market in his life. He speaks of his "yacht buy button" because of his SPY calls................baby.
Let's check in with the easiest trade ever, shall we?
I suspect the permabulls that have been trained over the past nine years will all share a similar fate in the end.