Monday, July 22, 2019

3rd Quarter 2019 Where's the Beef

Political manuevers and Split politics driving tenses higher, leading to America's
downturn. Faith in government and governence push markets to edge.
The Emperor (USA) has no clothes. SHOUT OUT TO
Contrarian
''No, nothing irrational here folks. No irrational exuberance anywhere! After all, how can things be irrational when everyone shares the same delusion? That makes the delusion the new normal. And I'm the oddball who says the emperor is not only naked, but also he has no skin! He is a zombie who is only surviving by eating his own flesh.''

The VIIX (S&P 500 VIX Short-Term Futures index ) looks good at this point $12.00, now at 9.8 , as it rises to $18.00 accumulation will begin.

Marijuana still on the minds of morally corrupt governements , Virginia, Georgia and Florida expand growing or sales of products. CBD is the key to success.
Last time:Alkaine Water stalled and in a dive looking for a buyer
maybe. (?? 10% return)
Currently: Alkaine Water has risen 3% from $1.70 to $2.20 and back down to $1.75

Sold off PAYS and GOL; looking at new tech Technology offerings.
Tilray is definitely hopping to $58 price target currently trending around $47

Hearing political headwinds for Trump roaring from Wikileaks.
Election results were altered resulting in MAGA

Holding small cash reserves 5% until end of July 2019
Switch to 50% cash reserves as China slowdown develops
and tariff numbers come trickling in.

Info copyright to https://content.rwbaird.com/RWB/Content/PDF/Insights/Quarterly-Market-Chart-Book.pdf
Update on 2nd Quarter results
Yield curve still inverted; recession is coming
S&P 500 up 4.3%




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