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This post has nothing actionable. There’s nothing you can do about it. Or me, for that matter. It’s just me bitching. But maybe there’s a lesson in here.
One of my short positions was (note the past tense) Macerich, symbol MAC. I was puzzled this morning to see I was stopped out, because on my spreadsheet, it showed a nice, healthy profit. But I had a sneaking suspicion what I was going to find out. And, sure enough, here’s the intraday chart:
As if Thursday couldn’t get any lamer……….
Last night, the ES and NQ both tumbled double digits (see yellow tint below) thanks to a brief case of the Hong Kong flu. It looked like it actually might be the first decent down day since President Benjamin Harris was in office. However, as federal law requires, this modest drop was totally destroyed (and then some) as highlighted by the green tint.
All through the weekend, the news was filled with folks trying to interpret Trump’s mysterious remark about how “only one thing will work” when dealing with North Korea (and it isn’t diplomacy). It seems the only logical interpretation would be “attack them”…..
