The first sentence in that headline is 100% bs. And Portnoy is a mouth breather.
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I listed to the Money Talks podcast from the economist. They had a Bond guy on there talking about T Bonds. I haven't paid attention to treasuries in years because, fucking why?

Anyway, the dude on there postulated that last week's negative action in the markets was driven by a pretty sizable (comparatively) runup in the Treasury Markets. He was quick to point out that as high as they got was an all time low in 2016 or thereabouts, but as quick as it gained the market got spooked pretty hard.

Apparently there were some extenuating circumstances that moved the price like it did, which I can't remember (fuck off I was at the gym), but the thing I do remember is there were some Japanese and some other country that were buyers at that price (apparently their interest rates are lower yet).

Bottom line is there were some extremely lightly correlated things that happened and the treasuries spiked some and that created some (perhaps localized) hysteria about inflation.

That's the only place I heard any of that. What I took away is, "buckle up kids." Nobody wants to be out of the market place in this environment, but the people that matter are nervous as a cat on a hot tin roof.

If there are any real, solid indicators of even healthy - but slightly elevated - inflation, it could get real ugly real quick. And if fools are ready to jump on our treasuries, it could get out of hand real quick.
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My stocks are so red again this week that if they played football in Washington DC, they'd have to change their name.
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Trimmed some more small winners and now at 50% cash.

This is a hard trading market, too much whipsaw action.
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This is good for the market, I hope it continues moving sideways longer. That will create better opportunities for both trades and the overall market going forward
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That's called panic selling. You should know better!
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No it’s isn’t. I’ve explained my strategy as a swing trader. If the market shows momentum I jump right back in for breakouts and reversals. I’m actually up .5% in account value this week, so this strategy works for preserving capital.

Listen up!
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LOL, Hey I bought that book you've been suggesting, just received it yesterday. Did you know that when you lay it on the table you can fit 6 beers on it. Easily!

Plan to start reading it tonight.
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Kerry doesn't like all the Red either guys. Don't feel alone.


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Take a look at GGTTF
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What a poop day.
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Whether you buy-in totally to his philosophy or not there’s some great techniques to at least use for part of your trading. His risk management stuff EVERYONE should read.

Good study on the beer! My Saturday afternoon routine is to booze and look at charts. Lol
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We may get a bounce in the next few days but I see this trending to 3750 sometime next week.
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Is it just me or does there seem to be a lot more red days than green the last month or so? And the red day drilling seems way deeper than the green day gains. I've admittedly never traded in a bear market but this market hasn't felt very bullish lately at all. Y'all can shit on them all you want, but meme stocks are the only ones keeping my portfolio green overall so far this year.
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I think in a year, if you've invested wisely, you'll look back on this and laugh.

I like all of my stonks long term.
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