One of my bearish positions, semiconductor maker ON (symbol, you guessed it, ON) is falling following earnings. Looking better than ever, crew!

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One of my bearish positions, semiconductor maker ON (symbol, you guessed it, ON) is falling following earnings. Looking better than ever, crew!

I wrote about Humana (HUM) six months ago when it was about $400. It is approaching half that price now. The public absolutely despises so-called health insurance companies, such as UNH, and HUM is no exception. It has been a steady wipeout, and it’ll continue.

By the time you finish reading this, you’ll either nod in quiet agreement or scoff in denial. But the truth remains: trading is not about the market—it’s about you.
Most traders spend years chasing the perfect strategy, the magic indicator, the secret formula that will make their account grow in a straight line. They burn through books, forums, YouTube videos—convinced that success is a matter of finding the right “edge.”
(more…)The phrase “world’s richest man” is uttered 50,302 times every second these days, but that moniker might not be used for much longer for the party in question. In just two months, almost 30% (hundreds of billions of dollars) of Tesla market cap have been laid waste, as people are voting with their dollars. Anti-Musk fever is spreading, and honest, this could be a brand-wrecker.

As a precious metals fan, I am delighted to see gold have another good night, with /GC up almost $40 as of this composition, pushing to record highs at a very steady pace all through the night.
