Today came the happy – and inevitable – news. Some day on the horizon this effing virus is going to stop hanging over our shoulders. Some sectors especially appreciated the combo of COVID fears down and yields up. Among others, the Airlines, +19%… The pigs, +13%… And Energy, +14%… I happened to buy both CVX and XOM last Thursday on a hunch (certainly not on … Continue reading As COVID-19 Backs Off and Yields Back Up…
Found at MarketWatch… Barstool Sports founder believes he’s a better investor than Warren Buffett and has determined day trading is ‘the easiest game’ there is Listen to this dangerous man who I guess started some company that talks about sports. Angrily: “I sold so much of my Airlines because of you ‘take profits’ people.” He was mad at himself (or pretending to be) on June … Continue reading Is This Guy for Real?
Where once NFTRH was constructive on silver, then bullish on silver we’ve also been constructive on the Airlines (I hold JBLU only at this time). It appears the time may be at hand to flip bullish there too even if for a short phase. Here’s the daily XAL index today. Click for a clearer view of this large chart. All systems appear ‘go’ if it … Continue reading Switching Gears From All That Silver Hype…
In light of weakening crude oil price lately and its proximity to the long-term resistance we’ve been following on the long-term chart over the last year+… …I thought it would be interesting to take a look at the Airline index (which obviously would benefit from a top in fuel prices), especially after a subscriber noted it as a preferred area going forward. He’s a market … Continue reading NFTRH+; The Airline Index [w/ edit]
