We entered the session super defensive because I did not deem the CPI number as a reason to long stocks. We are far past the concerns of inflation racking the economy, more focused on if we are barreling, head long, into recession. If recession is on the menu, almost all stocks get hit, save staples,...Read More

Since I’m going over the data, figured I’d share this with you too. Some of these drawdowns are so absurd, you’d think the second coming of the Great Depression was coming. ANF -47%DNUT -45%, donuts will not be served in the coming firesSIG -42%RH -41%, now trading at 2019 valuations. $10,000 side tables aren’t selling...Read More