A couple of days, I did a post in which I mused about “One Possible Path“, which included this critical element that would precede a market tumble:
Well, maybe we’ve already got our “something”. (more…)
Trofim Lysenko: Intellectual Predecessor To Google CEO Sundar Pichai?
James Damore, a Harvard-trained systems biologist, was fired from Alphabet’s (GOOG), (GOOGL) Google unit on Monday, for posting a memo questioning the company’s ideological echo chamber, as he put it. Let’s talk about why this was an inauspicious day for Google.
In the late 80s, one of the coolest (and, in spite of a shaved head, loveliest) singers was Sinead O’Connor. It’s terribly sad to see how her mental illness has tormented her (as shown most recently by this video). Here’s a link back to happier times, showing her amazing talent:
There are two things saving my butt today: my PAA short and my precious metals positions. I’m long DUST and JDST, as well as short GLD.
In spite of the record-highs-everywhere in equities, I’d like to quietly point out that on the small caps, we did in fact break a crucially important trendline, and we are rallying beautifully to its underside.
Good morning, Slopers. The bright spot for me today is my short position is PAA, which is a stock down nearly 20%. What I found amusing is the analysts stumbling all over themselves to update their completely inaccurate predictions with lower-but-more-plausible predictions. Here’s a gem from Baird: