One of my short positions, DCP Midstream, had an important support failure yesterday. I intend to hang on to this until its full analogous plunge has a chance to express itself.
Haven’t heard much about the trade talks lately, have we? Maybe Kudlow is busy in the bathroom, powdering his nose. More likely, though, the fact that our Congress did the first decent thing in recent memory by showing its support of the Hong Kong students has concerned some people that the comical farce known as the China/US trade talks isn’t going to smile upon such a message.(more…)
Once again, I’ve got a post that should cleave the community. One portion will shrug their shoulders and say, “who cares?” And another will leap to their desks and start tap-dancing with delight. Honestly, some people have been pleading with me for months to fix this, and it’s finally fixed.
I refer specifically to the Prior and Next buttons at the bottom of every single post.(more…)
Last Sunday, I parked myself inside the McDonald’s in order to write. Those of you who know me even a little might find this an odd choice, but this is my new hangout, since it’s right next to the supercharger and they have good WiFi. Anyway, as I was sitting there, this happened:(more…)
…..I will religiously, and without question, respect the Gartman indicator. It is a deep personal failing that I have elected to ignore it, time and again.(more…)
Just like yesterday, the market hit lifetime highs today, yet my all-short portfolio, God bless it, is nicely in the green. Here are a dozen positions I just added to my all-short portfolio:(more…)