Table of Contents:
1) Strong demand for AI does not guarantee strong profits.
2) The S&P 500 is 20% higher than it was when Brent crude was last trading at its current level.
3) Flight to safety moves in the Treasury market are negative for stocks, not positive.
4) We hate to break it to you, but the Fed doesn’t care about a falling stock market.
5) Any further weakness in the major averages will be quite bearish on a technical basis.
6) We readily acknowledge that the stock market could push to further highs. but…….
7) Updating a slew of tech stocks/ETF’s….They NEED to bounce immediately.
8) The industrial sector is vulnerable, BUT the defense stocks look very enticing here.
9) Potpourri…..What’s wrong with lumber?
10) Summary of our current stance
