avatarLauri Elias

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The Only Tool Needed Building a 2021 Stock Portfolio

Is this site right here: https://www.highshortinterest.com/

They sold more $GME short than there is $GME… They can’t all return what they owe by definition. Without driving the price sky-high, obviously. Crowded trade, short squeeze, makes a dinosaur like Volkswagen 5x in a day.

Here’s a ‘shortfolio’ I made out of the top 11 stocks (because I wanted Tootsie Roll in) on January 22nd:

If you think about it it’s pretty retarded being short anything during a 4.5-trillion money-printing bonanza:

Even worse is deciding to take a short position once a stock’s been sold short twice over.

https://finance.yahoo.com/quote/GME/key-statistics/

Tenets:

  • ‘dumb money’, ‘retail’, ‘/r/wallstreetbets degenerates’ — whatever slur tickles your pickle — found out about the stock market en masse in 2020, and they’re doing dumb things on both sides of trades
  • only 15% of recipients need stimulus checks — 85% of the money is heading for the stock market
  • if you think ‘retail’ constitutes poor teenagers on internet forums gambling hundreds of dollars at a time, think again:
  • even the densest among us have started to realize the coronavirus pandemic really isn’t a big deal. We responded to the 1969 flu with the biggest music festival ever, not unlike a certain wave of protests with a three-letter acronym. ‘Vaccine hopes’ are nice and all, but we’re only 4 doublings away from everyone on the planet having had it. If this paper from the WHO web page with it’s 500-million infection count has any truth to it, that is.

Conclusion: if 2019 was ‘irrational’, now we’re going to ‘irrational + 5 trillion dollars’. The Fed finally got what they wanted and convinced everyone cash is trash. Even permabears are bullish.

Economy
Stock Market
Wsb
Gamestop
Quantitative Easing
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