In spite of the eye-rolling rally on Monday, the financial sector (by far my biggest exposure in my live positions) continues to weaken. Here are the regional banks, by way of the ETF symbol KBE, which has (1) broken its key supporting trendline (2…
We haven’t looked at the outside-North-America funds in a bit, but they look at dynamite as ever on the short side (provided they don’t slice above the key horizontal lines provided): Bonus video:
I watched a very interesting video about trucking (a topic about which I know almost nothing) and learned quite a bit; I suggest you give it a watch, since it’s funny and informative: I checked the sectors in SlopeCharts and am pleased to off…
Yes, every single index on the planet is exploding higher, but the biggest stock in the world still demands close attention. Apple (AAPL) is up, yes, but keep paying close attention to its channel and, presently, its midline. Thankfully, we are int…
The electric car sector is zipping higher today, perhaps due to enthusiasm around Tesla, much higher MPG requirements for gas-burning vehicles, or just an ‘on sale’ mentality from the investing public. Tesla, being by far the largest of…
What’s going on in the social media world, particularly with publicly-traded companies, is pretty interesting today, thanks to the news that Elon is gobbling up a huge chunk of Twitter (TWTR) which has sent the stock vaulting on huge volume. …
Below we see Elon in 2010 reacting to Jim Cramer’s declaration that the Tesla IPO was not a good investment. Elon correctly points out Jim Cramer is a “contra-indicator“. I would also mention that Tesla went up 200-fold after its …
Well, I honestly don’t have much of an opinion about crypto either way, but frankly, I’d be concerned at this point……………I offer you this news item: Actresses Gwyneth Paltrow, Reese Witherspoon and Mila Kuni…
FEEDLet’s talk about the bond market and yields. We will kick off with the number one guy in fixed income at the investment giant Charles Schwab. Only the Lord knows how much this guy is paid, so he must be brilliant. Let’s see what he was …
FEEDDuring the preposterous run-up in prices that terminated on March 29th, one of the first sectors I wanted to re-short was semiconductors. I got puts on AMD (July $130) and NVDA (July $300). How pleased I was yesterday morning to see Jim “I…