Maybe precious metals have a chance. Gold is managing to push its way into the overhead supply zone.

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Maybe precious metals have a chance. Gold is managing to push its way into the overhead supply zone.

I’ve been saying that the inexplicable euphoria around airlines had likely exhausted itself. The simple fact is that business travel is going to be crushed for years to come (too many habits have changed). United reported last night, and they’re falling hard:

How I would love to see the entire equity market experience what the electric vehicle sector is going through – – a relentless wipeout, when every single day, new lows are made and market capitalizations wither away. It’s a beautiful thing! I guess Powell doesn’t care about this particular sector to defraud everyone, as he’s doing for the big stocks.

With the exception of Tesla, anything that has anything to do with electric vehicles has been getting blown to smithereens – – how often do you see a stock go down 5-8% day after day? It’s quite a sight; here’s a sampling:


When it was primarily known for making video game chips, Nvidia would have models dressed up as video game characters at its trade show booths. Here, one dresses up as some kind of fairy.
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