In the “thank God I’m not short that” department is Kellogg’s, which this evening was announced to be the target of a takeover which is sending its surprisingly-young stock up by about 50%.

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In the “thank God I’m not short that” department is Kellogg’s, which this evening was announced to be the target of a takeover which is sending its surprisingly-young stock up by about 50%.

Over at the permabull site Zerohedge, I was glancing at an article which broke down the Goldman Sachs (of course……..) basket of high momentum, high beta stocks. They presented the list in two dense graphics, here and here, and I decided to use my old friend Grok to tease out the actual symbols.
I first asked it to suck out the symbols from the second column of each graphic:

In spite of the fact that the US Treasury Bond in its fifth year (!!!!!!) of a massive bear market, and it looks perfectly capable of falling further…………..

I was looking at CME GC Gold Futures, August 2025 expiry, 2 weeks down and reached a price area that my model considers oversold:
