I love markets.
I love trading.
‘This‘ market however? The equities market of the last month? I hate it. We’ve gone back to the soul-crushing meat-grinder of earlier this year. It’s a monkey show. Meant to drive you crazy as the ludicrous is presented and dressed within the cloak of normalcy.
Somehow … someway … I am navigating these waters profitably. Staying cash for the month of September has saved anyone taking that path a tremendous amount of volatility and has someone up over the market by 1.54%. Our short-term teaching account, somehow, has managed to gain 0.60% for the month of September, which puts me up over the market by 2.14% (mind you, that’s just for the month of September. Since June 30th, I’m 5.62% over the market).
But now I have to continue to navigate the waters profitably, as monkey’s pedal their bicycles around the bid / ask …