Discover and read the best of Twitter Threads about #fightthefed
Most recents (2)
#FightTheFed YTD returns thru Jan for all my holdings (most of which I disclose)
S&P 500 is +6%
STOCKS
Non-energy 55% 33% 23% 22% 22% 21% 19% 18% 17% 16% 13% -4%
Uranium 24% 15% 10% 4%
Oil & gas 12% -3% -5% -7% -11%
Gold miners 10%
CRYPTO
Bitcoin/Eth 40% 33%
Alts 62% 43% 43%
S&P 500 is +6%
STOCKS
Non-energy 55% 33% 23% 22% 22% 21% 19% 18% 17% 16% 13% -4%
Uranium 24% 15% 10% 4%
Oil & gas 12% -3% -5% -7% -11%
Gold miners 10%
CRYPTO
Bitcoin/Eth 40% 33%
Alts 62% 43% 43%
All these gains are from my #FightTheFed thesis (overall macro), industry-level insights & market-dynamics calls (e.g., the end of tax loss selling; crypto ran out of sellers), not from individual stock picking. Only one stock had important company-level news, and it was negative
That was $KAP missing production targets - which was positive news for my other 3 uranium holdings. That's the way it's supposed to work.
The one non-energy loser is a zero-beta legal special situation (doesn't move w/ other stocks). That, also, is the way it's supposed to work.
The one non-energy loser is a zero-beta legal special situation (doesn't move w/ other stocks). That, also, is the way it's supposed to work.
To the bears (a thread) —
“feels like early Jan/Feb” bears :
Unknown-unknowns (Covid hitting Italy, 3GDam burst, etc) and not Known-unknowns (fiscal cliff, FED, blah blah). Unless you’re that special ‘Sven-like’ cat who celebrates -250bps as victory after being offside by 250%.
“feels like early Jan/Feb” bears :
Unknown-unknowns (Covid hitting Italy, 3GDam burst, etc) and not Known-unknowns (fiscal cliff, FED, blah blah). Unless you’re that special ‘Sven-like’ cat who celebrates -250bps as victory after being offside by 250%.
2/
To the “feels like ‘99” bears :
Where were bond yields in 99 again? This isn’t a voodoo ERP snark, but the reality of TINA. When Stan felt the tech froth in ‘99 he had the option of parking cash in T-bills at 5-6% ffs.
To the “feels like ‘99” bears :
Where were bond yields in 99 again? This isn’t a voodoo ERP snark, but the reality of TINA. When Stan felt the tech froth in ‘99 he had the option of parking cash in T-bills at 5-6% ffs.
3/
So if it’s not CASH that it’s (=Tech) competing with, what is it, XLI ?!? Really? If “yes” then be honest and admit you’re long vaccines, fair play.
So if it’s not CASH that it’s (=Tech) competing with, what is it, XLI ?!? Really? If “yes” then be honest and admit you’re long vaccines, fair play.
