[US Stocks, January 29] Gold, silver, and copper have gone crazy. This has little to do with fundamentals; it's purely momentum trading that's creating a top. After yesterday's FOMC meeting and earnings reports, the direction of US stocks remains unclear. I'm continuing to hold a large amount of cash and wait. Today I plan to open a short in gold, adding to my existing short in silver. These are my main short positions, but both are small. My real positions are still focused on "waiting."

After the market opened, a downward trend was observed. I quickly increased my short positions. Currently, I have 25% short, 15% long, and 60% in cash. The short are concentrated in gold and silver, as well as the broader market and airline stocks.

The market plunged today, but heavyweight stocks didn't actually fall. The reason for the sharp drop, simply put, is that the market still has doubts about tech stocks, and sector rotation may be imminent. Earnings reports will be crucial after the market closes.

Today I made a stupid mistake: I went against the big players again. When the price rose 12%, I took profit on my short position $ual and opened a new short position $luv. As a result, LUV was driven up by nearly 20%! This trade resulted in a huge loss (but I haven't stopped out yet; I guess I'll probably do so tomorrow). The reason for the mistake was impulsiveness. It's so shady! Their financial report showed particularly poor earnings, and then they said our returns would triple in 2026. Just like that, the big players drove the price up! 😡

US stocks manipulated by large investors are particularly shady. I almost always lose money with them. Here are a few examples: $wing $w $cvna $luv