Well, the bulls managed an explosive, terrifying breakout this morning, only to have it blow up in their face. The bulls are basically the Russian soldiers – – childish, clueless, brutal, and amoral. Whereas the bears are like the Ukrainians: proud, brave, discerning and, in the end, will be triumphant. It’s heartening to see the bad guys getting beaten. Because, umm, I mean well, apparently.
In that spirit, I humbly offer the suggest to short the ever-loving bejesus out of Cadence Design Systems (CDNS) based on its near-closure of its price gap.
Here is a much longer-term view.
May heavenly father continue to protect and defend his true children, the equity bears, and give them strength against their crazed and heartless enemy. Onward!
