My Tweet of the Day
Position: Long Cannabis
Putting Our Palantir Game Plan Into Action
We would be open to adding further if we see this development
What’s Our Game Plan for Palantir?
Let’s discuss PLTR’s oversold condition, increased earnings expectations, and notable valuation.
My View on Apple
Given the state of the average Joe (weakening), I disagree with Gene.
I am of the belief that demand elasticity will take hold after the large price increases in the Apple ($AAPL) products:
Position: None
Stock Picking Is Working as Mag 7 and Chips Battle. Here’s What I’m Trading.
I’m heavily weighted in this one sector, while adding to one name on news.
Another Marijuana Moment
Positions: None.
Breadth, S&P 500 Sector ETFs and Percent Movers
Positions: None.
Abby Normal (Part Deux)
Market structure risks are mounting amid a casino-like backdrop.
Remember this column from earlier this month?
Abby Normal
Dr Frankenstein: Now that brain that you gave me, was it Hans Del Brooks?
Igor: No.
Dr. Frankenstein: Would you mind telling me whose brain I did put in?
Igor: Abby someone.
Dr. Franksenstein: Abby, who?
Igor: Abby Normal – I am almost sure that was the name.
Dr. Frankenstein: Are you saying I put an abnormal brain into a 7 1/2 foot long, 54 inch wide gorilla?
– Young Frankenstein Abby normal scene
Consider the following price changes in today’s session:
* SNDK -$201
* MU -$101
* AMD -$51
* MRVL -$38
To me, this should make investors consider whether the market has been nothing more than a casino — in which the many momentum-based investors know everything about price but nothing about value.
And that, as I have observed, the concepts of risk vs. reward and “margin of safety” have been generally ignored.
Position: None
Position: None.
Micron Report Is Greatest in Recent ‘Memory’. Here’s How I’m Responding
Micron’s quarterly report could be among the best in the history of corporate America. But will we see a Hynix hiccup?