Newsletter

Strong day yesterday with some give-back as the Mexico tariff thingy ended. We walk into another gap to the upside this morning as yields back up and money is deployed. An amazing more than a “V” shaped move back up off of one thing…OUR FED once again crapping in their pants about a correction in…

CRM buying DATA…software names that were breaking down last Monday…that ramped on the 2nd Powell, up strong on the news. Fake meat companies soaring on losses…but strong sales. UTX buying RTN. No Mexico tariffs…duh…we told you it would not happen. Bearish markets used to take time turning…no longer as again, the Fed could not even…

–We promised ourselves years ago that we would try to see the world. We have been everywhere around the globe. But we must tell you one of the places we were moved most was Normandy where they are currently signifying the 75th anniversary of D Day. Go there. Get there. It is an easy train…

–Back in December, in the depths of the market nausea, we started to hear trial balloons that the Fed was changing their stance. They were raising rates and their talk was of raising a few times in 2019. We stayed bearish all the way down for obvious reasons. And then, it happened. Live on tv,…

Somewhat of a mega-cap tech slaughter yesterday off of potential investigations. They got the FB, AMZN, GOOGL but also got all the leading software names…where a bunch are no longer leading. Of course, an “on purpose” word of easy money by Fedhead Bullard stanched some of the bleeding. If nothing changes, we expect a rate…