Prepare: September is historically the WORST month for SP500
Be aware, BOTH September and October have had a negative return during election years. During Election years, October is usually the worst month. In non election years, September brings the worst results. Those are in bullish times.
I would say we are in Bullish times, but we are under the illusion of a Bullish pretense. It feels like the stock market has already crashed, but we were programmed to see it gain. That's not the reality, just what it feels like. So with this Eerie pandemic situation, the end of August brought on a huge bullish run, but with a high VIX gain at the end. It's as if everyone knows whats about to go down, and investors are piling into VIX, GOLD, Bitcoin, etc.
So I will be preparing, having bought plenty of Tesla, AAPL, NVDA, AMD, FB, MSFT, and all the other incredible gainers - had a great August, and would like to keep it that way. I have already started selling most stock. I have been cost averaging at the end of the month, and now that we are in September, I am starting to increase the % of my sales. I won't be able to pick the day, or maybe even the month, that we see a crash - but it's Crypto Season, and the Alts should make pretty Healthy Gains on Bitcoin. So its time to hedge fiat, with cryptocurrency, and ride out this incredible Crypto Season with all the gains that 2020, especially August, has brought us!
I wish you all luck!
* I am NOT closing out my position in PINS (Pinterest), and in fact, I will purchase more during drops. I have a pretty large holding of it, and I intend to keep it. I have a couple large positions in some recent IPOs I will keep too. Including NIO, XPEV, BIGC <-- This one is going to make us all rich, ACI, and SLQT (I bought really low on this one).
The short list of companies I do believe in, I will keep a 50% - 25% holding of what I had in August, depending on some fundamental factors. The rest goes to specific Crypto Coins, which will be Staking rewards at 10%, some higher and some lower. Bitcoin is my primary, but I believe Alts will lead in September, Ethereum is my 2nd and I do have a healthy position in it, LINK will be kept until it hits $32 (and it will). New tokens I will be buying: Elrond (ERD) market cap of 250 Million, they are minting a Coin as we speak, so every 1,000 coins of eRD you have will become 1 coin of ERD Gold, this will be bullish and have a great September. ATOM (Staking of 10% currently), but I will be increasing my position. ONT should have a good September. Then smaller bits into Tron (TRX), SNX, LRC, and we can't forget DOT!
I would say we are in Bullish times, but we are under the illusion of a Bullish pretense. It feels like the stock market has already crashed, but we were programmed to see it gain. That's not the reality, just what it feels like. So with this Eerie pandemic situation, the end of August brought on a huge bullish run, but with a high VIX gain at the end. It's as if everyone knows whats about to go down, and investors are piling into VIX, GOLD, Bitcoin, etc.
So I will be preparing, having bought plenty of Tesla, AAPL, NVDA, AMD, FB, MSFT, and all the other incredible gainers - had a great August, and would like to keep it that way. I have already started selling most stock. I have been cost averaging at the end of the month, and now that we are in September, I am starting to increase the % of my sales. I won't be able to pick the day, or maybe even the month, that we see a crash - but it's Crypto Season, and the Alts should make pretty Healthy Gains on Bitcoin. So its time to hedge fiat, with cryptocurrency, and ride out this incredible Crypto Season with all the gains that 2020, especially August, has brought us!
I wish you all luck!
* I am NOT closing out my position in PINS (Pinterest), and in fact, I will purchase more during drops. I have a pretty large holding of it, and I intend to keep it. I have a couple large positions in some recent IPOs I will keep too. Including NIO, XPEV, BIGC <-- This one is going to make us all rich, ACI, and SLQT (I bought really low on this one).
The short list of companies I do believe in, I will keep a 50% - 25% holding of what I had in August, depending on some fundamental factors. The rest goes to specific Crypto Coins, which will be Staking rewards at 10%, some higher and some lower. Bitcoin is my primary, but I believe Alts will lead in September, Ethereum is my 2nd and I do have a healthy position in it, LINK will be kept until it hits $32 (and it will). New tokens I will be buying: Elrond (ERD) market cap of 250 Million, they are minting a Coin as we speak, so every 1,000 coins of eRD you have will become 1 coin of ERD Gold, this will be bullish and have a great September. ATOM (Staking of 10% currently), but I will be increasing my position. ONT should have a good September. Then smaller bits into Tron (TRX), SNX, LRC, and we can't forget DOT!
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It begins
