Stupidity Rules

It's Time To Wear A Suit

Face it folks, it was one hell of a week. Some mediocre comedian from Ukraine came to the White House and thought the new President could be handled like the old one. I sense that was his first mistake.

His second mistake was not wearing a suit and tie. He’s trying to impress the world by saying he’s a battler. That fits well into my overall understanding. I hope Europe has the ability, funds, and integrity to support Ukraine. After all, we are an ocean apart. I would like to see Europe fend off their enemies. It’s time.

Let’s Hear It For The Herd

I’m having a lot of fun in this market. I’m not greedy. I just go in the opposite way of the “herd”. Three times in recent weeks they’ve been wrong.

I made lots of money in Natural Gas. Double tops are easy to spot. Trailing stops work well too. Put this analysis together and you have profits.

Then there’s Bitcoin. My profits from MSTR came from listening to Trump. I did not hit the highs but I made it to cash before the herd thought it was going back to annual lows. After a couple of days, post its breaking technical support at $93,000, the “herd’ sold. I did the only logical thing I could. I bought back in. Trump gave me support. It’s going to be interesting but over time, this “smoke and mirror” darling goes higher.

Then there’s the VIX. If it hits the $14 range, buy long term VIX $20 calls. When it runs higher, and thanks to the “herd”, it is going to happen, take your profits. Maybe even hold on to some of your purchases as the price can certainly head higher. In any case, I’m long the 2025 December VIX 20 calls bought when the VIX touched below $14. I’ve posted this observation and trade several times before. It’s called a hedge and everyone should use it.

We lost a hero this week. I grew up with The French Connection and Gene Hackman. He wasn’t just an actor, he embellished life as we knew it. He will be missed.