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Inflation…

Inflation…

The Core CPI is up 3% over the last year.  That’s the biggest increase on over 25 years.   Inflation acts just like an additional tax and is most damaging to the middle class.  Hat tip Charlie Bilello/@charliebilello  ...
The Rotation Accelerates

The Rotation Accelerates

Then there’s this… More, From May 6th:  Indeed, validating the recent horrific price action in tech, Goldman Prime notes that i) Tech stocks were net sold for a 7th straight day (9 of the past 10), and more importantly, ii) the bulk of this selling was...
Activision Update

Activision Update

Activision Blizzard has been steadily rising since retesting major support early last week.  A solid earnings report has also helped the rebound: Activision Blizzard Stock Jumps After Earnings. Here’s Why. – MarketWatch.  We believe ATVI is setting up well for a...