
Touchdown!

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I had never seen this before, but this was the commercial they used back in 1966 to introduce the new program called Star Trek. Seeing Spock described merely as “a stranger with no heart”, I am compelled to throw something at the screen! Who came up with THAT character description?!?!
In case you’re ever curious about what a “premium post” is (for those of you who have not signed up for premium membership), I’ve taken this premium post from November 2021 and opened it up for public viewing. I suggest you give it a close read, since I wrote it at almost precisely the market top (for tech stocks) and about seven weeks before the S&P 500 market top.
My conclusion from the post was:
What these simple combinations seem to clearly suggest for the year 2022 is that stocks could be in serious trouble, and with an extremely important mid-term election happening in early November 2022, such a descent in asset values could make a particularly acrimonious political landscape.
Anyway, please give the post a read. I think you’ll see my dim view of stock values, particularly in the tech sector (which has been utterly destroyed since I wrote it) was pretty much spot-on.
Re-published with permission from NYUGrad’s substack:
I question if this memo was truly leaked at all. It reads to me like an email from your CEO warning that it is time time to get ‘hardcore’ but hey didn’t Elon get slapped for similar message?
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