I wonder what the government that desperately needs to report low inflation will tell us what the inflation rate is tomorrow?
All Eyes on the See Pee Eye
Precious Toasted
Late in January, a fellow Substack chap was bragging about how his newsletter (focused on the bull market in precious metals) was the single hottest item on Substack. I came this close to warning him that I know precisely what it feels like to be on top of the world, and to watch out. I didn’t bother, since I knew it wouldn’t resonate with him (or any other human) but I’ve got a feeling his subscribers are truly wondering WTF is going on. Simply stated, precious is toasted for the foreseeable future.
Cannabis Approaches Breakout
The US Cannabis Industry, as represented by the ETF, MSOS, is quietly approaching key resistance to a base breakout
The US Cannabis industry, and in particular, the multi-state operators (MSO) are sneaking toward a key breakout point in the volatile rally that has ensued since the Trump administration put out this executive order in December:
Increasing Medical Marijuana and Cannabidiol Research
Here is the sector ETF, MSOS, contemplating a would-be breakout, as the sector looks toward a potential expansion of rescheduling from Schedule 1 to 3.
(more…)Taking a Huang Turn
Nvidia is a mess. It broke out of its ten-month range many weeks ago, but it has since slumped right back into the exact same range. This stock is in serious trouble.
Churchill Downs Syndrome
I’d say this racer-of-horses is headed for a long-term fall, given the tremendous top it has hammered out. Neigh, you say? Not in my estimation.
