May update the comments below Monday morning. Many indexes rallied to resistance this past week and technically we are quite extended with big upside gaps under the market could be filled. Neutral on the indexes here, but very tempting to go short. Note the 'Turkey Shoot' effect discussed below. Equity markets have moved higher [...]
Dutchie Countersues ScanSource Over $17.1M Unpaid Goods Claim E-commerce cannabis company Dutchie filed a countersuit against tech distributor ScanSource amid an ongoing $24.7 million legal dispute. Dutchie’s parry move accuses ScanSource of not only breaching its contract but also of delaying the placement of orders for 35,000 tech products. Maryland Cannabis Regulators Outline Social Equity [...]
In Ernest Hemingway's 1926 novel The Sun Also Rises, a character named Mike Campell is asked how he lost his fortune. "How did you go bankrupt?" the hard-drinking war veteran Bill Gorton asks. "Two ways," Campell replies. "Gradually and then suddenly." At first the selling was hidden in the lesser looked at indices like the [...]
https://tinyurl.com/edav6erv https://www.howestreet.com/2023/01/crude-oil-gasoline-the-fed-us-dollar-mark-leibovit/ 49 Former NASA Scientists Send Letter Disputing Climate Change Gus Lubin Some prominent voices at NASA are fed up with the agency's activist stance toward climate change. The following letter asking the agency to move away from climate models and to limit its stance to what can be empirically proven was [...]
