Jul 2, 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 – Yesterday’s Intraday Sell Off
Yesterday, the S&P pulled back intraday to as low as 2,955.
It was a deeper decline than I expected.
But I think buyers will step up again.
As I outlined yesterday, the seasonality is strong the first week of July.
And unless we get extremely overbought conditions this week, I would not step in front of this freight train.
Enjoy the rally for now…
YOUR SILICON VALLEY (LIBERAL) OVERLORDS
Have you used Airbnb before?
Airbnb is an online marketplace. It allows people to rent out their homes.
Is it safe?
It usually is. But you have to be careful.
Some Airbnb homes have been caught with cameras spying on guests.
Anti-spy Wireless RF Signal Detector Set.
It sounds fancy but it only costs you $70 on Amazon.
Read more here if you are worried about this
TRUMP DERANGEMENT SYNDROME
President Trump became the first American president to step into North Korea.
And lo and behold. Susan Rice former Obama National Security adviser took aim at President Trump.
She claimed Obama never sought a meeting with the North Korean leader.
She said “At the risk of stating the obvious, this is horse-sh*t.”
And other Obama people joined in the condemnation.
Interesting. All of Obama’s people are openly declaring they did NOT seek out the North Korean leader.
All while he was shooting off missiles and testing nuclear weapons…
Read more here
President Trump has a great approval rating among farmers.
It’s at 74 percent.
U.S. farmers continue to approve of how President Donald Trump is handling his job, according to a new monthly poll by well-respected Farm Journal.
In May, Trump authorized the Department of Agriculture to give $16 billion to U.S. farmers.
To support them during this China trade talks.
Trump said in a statement at the time that his administration is “fighting for our great farmers” on “every front.”
CRAZY-INTERESTING OR RIDICULOUSLY-WEIRD
Last month I went to New York. And I flew into JFK airport.
And I’m glad I did.
Check out what’s going on at LaGuardia airport…
Crazy or Weird
ADDITIONAL READING AND RESOURCES (ARR)