Good morning, everyone, and greetings from North Carolina, where I continue to yearn for both my dogs and my starting-the-day-at-5-a.m. time zone. I’m going to be spending part of my morning, once again, with the Duke Lemurs, which our family cheerfully supports.
I have entered a couple of new positions – Ryder (symbol R) and, because I’m so excited about tech, good old simple QQQ (and how nice it is to be in an option without a 25% bid/ask spread.) So I’m in 30 positions now and down to 7% cash, and that 7% is burning a hole in my pocket.
I was quite pleased to see the pointless “but stocks are only supposed to go UP” rally get semi-trashed already. Here’s the NASDAQ futures:
Far more exciting is that this feckless nincompoop declared the bear market “over” last night.
Although I must say, I’m getting uncomfortable about getting onto an airplane Wednesday evening, given the fact he’s even “looking” at them.
I’ve got some really cool posts waiting in the wings. Stay tuned!
Oh, and come on, time to get a premium membership. You pay LESS than this buffoon, and you get VASTLY more tools and content! It’s the right thing to do! God will smile upon you.
