Loading ...JUNE 5TH-Apropos to the last tweet, if you happen to be long Regional Banks, Airlines, and other such areas of the market (we’re not), and happen to have impressive gains there too (we don’t), our thinking is the same: “take the money and run”. $KRE
JUNE 9TH–Interesting results from yesterday’s 2-question survey of over 400 clients: 61% voted that the Russell 3000 will make a new all-time high in 2020, but 59% believe we will end the year lower than where are now. Conclusion? The risk-reward proposition for equities is poor.
JUNE 5TH-The April 9th Covid 19-related drop and gap in WTI Crude Oil is “in play”. We’re short sellers of WTI Crude Oil in the event of a gap fill on Monday, Tuesday or the day/days thereafter.