I’d like to suggest this is an opportune time to short bonds by way of TLT. This is based on an enormous topping pattern that I perceive on the long-term continuous contract of the bond futures. After all………..
The Tesla wanna-be’s continue to get blown to smithereens. This demolition is starting to wear on certain parties.
I’d like to suggest American Express (AXP) as an intriguing long-term short sale. Here’s the longer-term view, showing how astronomical the price is:
CHART
If XLE (the energy fund) isn’t the most screamingly obvious short in history, I’m not sure what is.
FEEDIn the early days of the Internet, there’s something that didn’t make sense to me. MySpace. More specifically, why MySpace was such an insane success. It was the hottest thing on the web, and it looked absolutely hideous. Gross. Horribl…
Step by step…………
Every time Consumer Sentiment has dropped from 88 to 70 there’s been a recession. It’s done it again.
Today was an important step forward in the market’s breakdown. When the biggest banks, which have unlimited access to however many trillions of dollars they demand from the US Government, can’t manage to blow earnings expectations out o…
It was a real pleasure to close Thursday with literally every single symbol on my futures watch list red. That hasn’t happened since the Bicentennial, and I wouldn’t mind if it was a daily event. As we approach the kick-off of the earni…