Jun 11, 2019 View in Browser Your daily source for trading strategies, tech news, and politically incorrect humor. Dear eMBers, Your morning bullets are here. Let's dig in. INVESTOR INSIGHTS –
Your daily source for trading strategies, tech news, and politically incorrect humor.
Your morning bullets are here. Let’s dig in.
INVESTOR INSIGHTS – Market Rally Continues… But Will It Last?
Yesterday, I talked about S&P’s resistance at 2,900.
And by the end of the day, the S&P touched it – even crossed it by a few points.
But the index couldn’t hold on to its gains. It pulled back and closed at 2,887.
Honestly, I can argue both side (bullish and bearish).
But I think bears have an edge.
How can you play it?
I was looking at the VIX (stock market’s “fear gauge”).
And I like what I see. VIX is poised for a move higher.
I will be looking to go long VIX.
I usually trade the options VXX. And I will grab some tomorrow.
Take a look at the chart:
YOUR SILICON VALLEY (LIBERAL) OVERLORDS
Do you like to chat about cars on Facebook?
Well, I have bad news for you.
It looks like Facebook is removing the word “honk” from its platform.
Take a look at the screenshot I found:
Social media was supposed to connect us all. And it has. For better or worse.
But their agenda has changed. And now they focus on pushing the radical left ideologies.
Facebook banned Natural News over the weekend. The site had 2.5 million followers.
The Daily Beast (liberal website) published a negative article about the owner, Mike Adams.
And last month, Facebook banned conservative commentators like Paul Joseph Watson for unknown reasons.
This all makes me want to say “Honk! Honk!”.
Reply Honk if you don’t like Facebook’s censorship.
TRUMP DERANGEMENT SYNDROME
Left-wing actor Alec Baldwin said he’s ‘so done’ playing President Trump.
I got excited.
Because Saturday Night Live turned into vicious Trump bashing instead of comedy.
Once the news spread on social media, Baldwin back-paddled.
But he didn’t stop there.
He bought White House press secretary Sarah Sanders, into the mix, smearing her as a “mouthpiece for fascism.”
It’s not clear if he’s really done.
But I don’t care. I don’t watch the show anyway.
Just another angry liberal… let’s move on.
Read more here
Hiring hits record high.
Take a look at April. The number of people hired rose to 5.9 million.
That’s an all-time high since the Labor department began tracking it.
Openings (7.4m) are greater than unemployed people (5.8m).
And the manufacturing sector is not showing any signs of “trade war” stress.
Thank you President Trump!
CRAZY-INTERESTING OR RIDICULOUSLY-WEIRD
How much will it cost to take a NASA-approved trip to the International Space Station?
Take a guess…
I’ll reveal the answer tomorrow.
ADDITIONAL READING AND RESOURCES (ARR)
I can’t get into all the news and interesting information out there in this one email, so what you’ll find here are articles, presentations, and resources I’m digging into and believe you should as well.
The Real Reason Stocks Could Rally in 2019?
A Wall Street legend whom millions have seen on Fox Business, CNBC and Bloomberg TV just made a prediction that has stunned the business world.
WARNING: What he says contradicts everything you’re hearing from Wall Street and the Main Street media. If you want to see how to make a fortune in 2019, it’s important you watch this interview right away.
Your biggest fan,
P.S. We’d love your opinion.
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