Reflecting on Our Analysis: Our previous report, “Momentum in tech and a bid in bonds,” accurately predicted current market trends. Read it.
Big CPI and PPI prints this week along with fed Powell speech
The draw-down in yields has been severe. Last week we saw serious bids for fixed income on the basis of a recession/policy mistake. Overbought in the shorterm.
We want to reiterate; “Wait until bad news is actually bad for stocks then you take action.
Take-TWO is the only decent video game exposure left.
Bitcoin still holds as best risk/reward in the current scenario
Bitcoin rallied and Gold touched all-time high as speculation grows that Fed will soon lower rates
Energy is oversold and looks ripe for a bounce (XOM)
AMD is strong.
Bloomberg Grain Spot Subindex records the worst yearly slump since 2013. Even sugar has come down.
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Risky business up here at these levels.
AMD will always be a contender. Better than Intel.
Discretionary vs Staples is still saying risk-on economy.
Exxon is almost 17% off its highs. Not a bad spot to start looking at energy.
Worthless chart from Deutsche Bank.
Grains got blasted. Worst annual drawdown since 2013
Return always wants its risk payment.
NOT INVESTMENT ADVICE. Only for entertainment.
Enjoy the alpha.