I do not want to place the wagon in front of the horses here — but what was supposed to be a Monday of the blackened varietal turned out to be sanguine, generating portfolio gains of 0.5%. There was wanton selling, again, in many of the tech names and for good reason. A good friend...Read More

We sometimes forget the past tapes and how bad they seemed at the time, this headline pointing to the worst month since 2011, led lower by FANG.What led the rout? Trump tariffs began in March of 2018 and lingered for months.Via CNBC:“October volatility is legendary, and we’re not just talking about the crash in 2008,”...Read More

I have been spending my morning reviewing each trading session of 2022, crossed against the SL overbought/oversold signals and have concluded several things. I must’ve been in a fever dream in 2022 — because it’s all a blur to me. I had extraordinary performance, most was front end loaded in the beginning of the year...Read More

I am seeing double now, due to a vision doctor appointment. I have always had 20/10 vision, until recently I’ve been bedraggled by morning blurriness — part and parcel of growing older. The doctor said I have 20/25 vision, but might need readers for distance. On the issue of seeing, I did not of course...Read More

I watched volume flows pretty closely today and for the entire session — money was flowing liberally into defensive names — the sort of stuff we have been buying the last few weeks. Those are all up. It is the growth portion of the market that continues to get dragged — all due to tariffs...Read More