Meta Trots Out 2 New AI Models
Here’s where Meta’s AI subscription figures become more than just interesting.
More Startling Stats
Position: None
CoreWeave Bond Yields
We remain short of CoreWeave ($CRWV):
Position: Short CRWV (S)
One of the Reasons I Am Short Nvidia
Position: Short NVDA (S)
Another Reason That Consumer Spending May Disappoint
Position: None
Premarket Earnings for Tuesday
Position: None
This Week’s Portfolio Office Hours: Today in the Forum
Join us in the Portfolio’s Forum after the close.
Once More With Feeling
I continue with the strategy of shorting rallies and covering the small corrections — for a cash register effect.
At some point I will keep the shorts on… but not yet (as, among other things, the S&P Short Range Oscillator is likely to shift back to neutral this week from oversold).
With S&P cash -9 handles I have covered my index shorts:
* $SPY $777.59
* $QQQ $745.96
From Friday — my cost bases were:
* SPY $779.22
* QQQ $752.61
Position: None
Midday Musings
Consumer non-durables (staples) leading the pack today: $PG, $PEP, $KMB and $KO.
Position: Long PG (VS), PEP (M), KMB (S), KO (VS)