Don't Short Yet...The selling pressure in the Russell is UP... while the Russell is UP... Something's off.
Just a reminder… I host a morning show each day at TheoTrade. I’ll be live at 8:45 ET at this link… come on by…
Good morning: Yesterday, I looked at two assets and felt part of my brain start to melt. First, I looked at consumer staples… and dove into Conagra Brands. A viewer was curious what I thought of this falling knife. For the first time in what felt like seven years, I did some security analysis. I look at the fact that we’ve built a financial system dedicated to leverage and hype - and realized that we’re just letting the companies that matter fall apart. Do we need 4,400 ETFs? Wall Street does. Do we need food? Algorithms don’t. ... Continue reading this post for free in the Substack app
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