Rush For The Exits.
What if we flop in the SpaceX IPO?
For those new here, I don’t write a lot, I don’t feel the need to opine on every topic so that you guys feel the need to subscribe - if I was a LARP, like 90% of these finance newsletters out there I would publish content each day with a word salad of bullshit that doesn’t help anyone execute a single trade idea.
When there are things of interest to me I write about them and the other time (majority of time actually) I sit around either researching new ideas, trolling people on the internet or as of late, taking walks on the beach here in San Juan (nice).
What if we flop? That’s the idea here on this SpaceX IPO - what if that happens and this market of over-inflated tech bullshit gets sold off? What then? A rush for the exits is what we’re going to see.
This is where tail-trades tend to make sense in portfolios. Where you can risk 1 and make 5 - I talked about this a few months ago on this post
Fat Tail Trades are Here To Stay.
For the investors out there who want a “nice and easy” market where asset classes trend smoothly Mr. Market has a surprise for you and if you haven’t got the hint the last few years then you might want to check your pulse.
I want to share some views as we get into this IPO to end the week as well as some levels on some key names that I think can print if this flops.
