Thursday, January 25, 2024

Position update

 Can’t write much now:

  - Shorts have gotten killed in the last 2 month rally, have covered XLRE, XLI, XLE at  loss

  - Sold Bitcoin and Eth a few days ago for a nice profit on Hedgeye’s signals. I have faith in Bitcoin, but not enough to hold a wildly volatile asset which produces no cash flows and can drop 70% peak-to-trough.  There are things I can hold through the cycle, this is not one of them.

  - Uranium doing nicely, keep holding.