Marc De Mesel: Portfolio Update: Not Shorting Stocks, Targeting Genomic & Nuclear
Cancelled plan to short scams and losers, such as #Nikola and #Workhorse as I discovered concerning report short squeeze likely and am long term bullish on stock market, but continuing to short more Precious Metals as I am long term bearish on commodities, especially #Gold and #Silver that are the only ones that pumped during this Corona crises. However, do lower from half Kelly to 25% Kelly allocation due to risks of shorting indeed much higher than longing.
If we see stock market correction, planning to invest short proceeds in Ark Invest Genomic Revolution Fund ($ARKG) because medical revolution is real and nicely uncorrelated investment, as well as #Uranium ETF ($URA) as Nuclear is not the past, but the future.
Discussing also:
- Why I leave my small positions in $LMND and my put options on $GLD and $SLV but would not buy again and am not adding to it.
- Tether $USDT fraud and how it affects #Crypto market, planning to invest more in #BitcoinCash than #Ethereum if we see #Crypto correction.
- @D_Eleye on twitter recommended follow for great #DeFi picks: https://twitter.com/d_eleye
- Looking for great investment in sector hit hard by Corona crises such as restaurant / fast food & hotel chains, clubs, travel agencies, also private companies. Do you know any? Reply here or in comment section below: https://twitter.com/MarcDeMesel/status/1305383990858219520
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