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Daily Note

The Best Of Times vs The Worst Of Times

Apr 22, 2021

Thomas Thornton

  • There's been a lot more 1% upside gains vs 1% downside losses and it's at a record level
  • When this has happened in the past there have been some significant downside moves ahead
  • Biden's tax increase plan is slamming the market.  I've had to rerun some charts and monitors to update them
  • On the Trade Ideas sheet I am selling GLD, NEM, and covering FXI for decent gains
  • I am buying 5 Chinese internet stocks (serious) and shorting Wayfair
  • Going to hide my money now 
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