No Fear In The Bond Market

You have to go all the way back to September 22, 2000 – more than 7 years ago – to find a day in which as many shares of Intel (INTC) traded in a single day as traded today (INTC…
We’ve seen continuous improvement every single week for the last 10 weeks in the US rent a car space on improving demand for the summer season. We’ve been buying a lot of cars the last 8 weeks…. We’re scrambling to…
In my weekly preview, I wrote about my “Long WMT/Short HD” position and I continue to like that trade despite the action in the stocks post earnings. HD bounced after reporting earnings Tuesday mornings but only because the stock was…
Days like today are interesting and telling: The October Jobs Report, announced by the BLS this morning, was brutal. Employment dropped 240,000 in October and September job losses were revised up to 284,000 from 159,000. That’s a lot of jobs…
Last week’s relief rally was a face ripper. QQQ was +10.5% and ARKK +25.8% in four days (Tue-Fri). That likely caused a lot of shorts to cover and pulled a lot of longs back into the market relieving extremely oversold…
NOTE: Every week or two I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive it at the same time as my clients. You can sign up at the top…