They said it couldn’t be done, but my IWM target was met (circle) and a bit more!

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They said it couldn’t be done, but my IWM target was met (circle) and a bit more!

Having received my end-of-day report on Friday afternoon, I was greeted with a solid sea of red. This is a rare, but welcome, sight.

This is one of the rare times in my life that I would like the government to come out with some kind of salvation on Sunday
Here’s yet another long-term short idea, Cracker Barrel (CBRL), that has, for months, worked out beautifully. There are countless stocks that are slowly bleeding to death.

Another long-term short that got away from me was Cleveland Cliffs (CLF). I featured its chart many times, and the prophecy certainly came true.

The widely anticipated PCE came out, and, in spite of being concocted by the very government which is dependent on the number being low, it actually came in hot. Indeed, over the past four months, I think I’m sensing a bit of a trend.
| December 2024 | +.1% |
| January 2025 | +.2% |
| February 2025 | +.3% |
| March 2025 | +.4% |
I guess the “I Will Fix Inflation on Day One” pledge has gone the way of all the other Day One pledges, eh? One thing is for sure: they will simply call this The Biden Inflation and be done with it.
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