$1,000 follows their calls into $895
All in the world market (VT). No called asset is counting right now.
FestivusCap@LongVollllllPrice action beneath the surface is so bad considering the S&P just hit an all time high, this is how crashes happen. Look out. Very asymmetric short opp in S&P IMO.
FestivusCap@LongVollllllShould have stuck with the $ARKG short
FestivusCap@LongVollllllLong gold, short equities will print here...
FestivusCap@LongVollllllThink you can sell this chart and go to the beach for next decade, lock in 20% annual returns. S&P likely does poorly next year due to slowing EPS growth while gold simply needs a slowing in the rate of change in int rate movements. Again, higher rates is LT bullish for gold.
FestivusCap@LongVollllllThe S&P 500 is below a 3% FCF yield. It's a short against literally every asset class; bonds, gold, small caps...everything. Interesting comment by PTJ that the flows in it will reverse next year...
