Pretty much opposite of yesterday

    Posted by steve on 25th of Jun 2024 at 12:18 pm

    Pretty much opposite of yesterday - weak internals (4x1 down on SPX) while Big Tech rebounds 

    NVDA's up 5+ % ...

    Posted by mla127 on 25th of Jun 2024 at 12:46 pm

    NVDA's up 5+ % ... everything else comes second I guess  

    mla - you'll need to

    Posted by steve on 25th of Jun 2024 at 12:49 pm

    mla - you'll need to post that standard portfolio once again

    What is 2024 ....  lol

    Posted by mla127 on 25th of Jun 2024 at 12:51 pm

    What is 2024 ....  lol

    The immaculate squeeze - it

    Posted by DigiNomad on 25th of Jun 2024 at 12:22 pm

    The immaculate squeeze - it couldn't be more perfect given the underlying fundamentals and the duration they've managed to pull off.

    I have a small part of one account still in play from last October that I devoted to riding out the squeeze. In theory, if you start small enough (I mostly did and right sized quickly once I realized that it was the squeeze of all squeezes), you can run away in perpetuity (roll up and out) until you eventually "win."  It requires patience, correct sizing and lots of work with roll selection, etc.  Theory and practice are two different things though so I wanted to test the theory with real money. I had know way of knowing that I chose to test what is turning out to be one of the longest and most perfectly executed squeezes in history.   Anyway, my insight about the squeeze is partly due to watching it play out in one of my accounts and imagining there must be many LARGE players still pushing out and up just waiting until they are eventually right.  Just like Burry in "The Big Short" eventually we'll be right, but it can take years with lots of gaslighting by all the professionals along the way (remember the faked bond ratings etc, back in 2007/8? We're getting stuff like that now again with Gov econ data coming out. Obvious lies but lies that benefit very powerful people and institutions). 

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