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Early this year, in anticipation of (possibly………) become a more normal human and actually just going LONG stocks, I put together a quarter million-dollar hypothetical portfolio spread evenly across twenty-five $10,000 positions. The profits on this got up to something like 60% annualized, but in recent days, they have crumbled away to effectively nothing. In a perverse way, you have no idea how happy this makes me.
I can’t pretend to know why, but in the midst of a lot of market weakness, Meta (ticker symbol?: META) does nothing but go up.
It’s seriously unbelievable how much $100 has gained in value across various assets (or, looking at it the other way, how much a dollar has plunged in value).
Levi’s blasted over its resistance trendline earlier this week, then promptly fell back down. However, the line is support now, not resistance, so perhaps this is a fresh opportunity to go long LEVI.
