Risk is resetting. Things changing. There will be opportunities. There will be blood. Let it be the other guy. Let's get absurd. But first, come on...join me on instagram where I'm broadcasting everyday. Tweeting's like dropping sand in the desert...
Confession, I was always susceptible to a little superstition, still am. GAPS get filled - well they do if I own them. What do I mean. That 1st chart below shows that way back in August last year, investors got a little over-excited in uranium stocks.
Courtesy of barcharts.com 
Cameco, a big, dull Canadian miner opened erratically and the first trade was way above the closing price from the night before. That’s a gap. An ecstatic opening. Ecstasy in the real world, I kind of like it but with money it tends to be unwound in the markets tick-by-tick.
Cameco is a boring, safe uranium play. In a parallel universe it would be run more aggressively, in our world, it’s not. But that doesn’t matter at these levels. People rightly bitch that they hedge too much and sell uranium forward at low prices. Wish it was otherwise...
But I reason that’s overblown. They all do it - even those sexy, aggressive juniors that you've sworn an allegiance to - if they say they don't, I say they do...
But I swear, if CCJ fills $16, I ‘m gonna buy it…the acid capitalist is looking for his gold ticket invitation to visit Charlie Wonka and his Chocolate Factory. Paradoxical conjecture - remove the exuberance, base at $16, recover and challenge the $25 line, then dream of $100
SPX has a gap at 400. I don't care. Passage of time has healed it whereas the August $16 is still in play for cameco as absurd as that may sound when you're close to the fundamentals...
And "serious diplomatic paths forward" for the fascists??? I would make it abundantly clear that Vlad's personal oil stock is strictly off limits to the international investment community. It can have cash and equivalents of 6pc of Russian GDP. I don't care, let them stew...
Chart courtesy of market screener
If I was Uncle Joe I'd start throwing my country's weight around financially like a super-power. No more mister nice guy. Bullies don't like a strong response.
I'd erase these stocks from portfolios. I'd deny access to St Barts and the Verbiers of this world. You like being led by a warmonger? Fine, live in Russia with all your billions. I think I've just been struck off the VIP list. I don't care...
And I'd have the T Dept short the heck out of the Honkers just to keep the other fascists on their toes. Never one for diplomatic paths. Didn't work in 1979, won't work now. Only emboldens the undemocratic. Did I tell you the time I trended on Twitter #hedgefundendorsestorture?
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