- Everyone is now talking about energy
- A year ago nobody cared when it was ripe to buy
- Who are you going to blame for the higher prices?
- Taking profits on four short positions, adding to two current shorts, adding three new long ideas in tech, and adding six new positions in energy
- PLEASE NOTE: I AM TAKING OFF FRIDAY AND NEXT MONDAY
Thomas Thornton
Coin And Abel
- bitCOIN and greg ABEL
- I may never see my dream of being the NY Post headline writer after this title
- Interesting weekend from the Berkshire Hathaway annual meeting
- A lot on this note including internals, positioning, margin and leverage
TGIF
- It’s a rather dull day in the markets and I’m happy it’s Friday
- Energy is the best performing sector again today
- I posted the PPO monitors for the 3 energy ETF’s
- They are overbought but still early on the upside Countdowns
- Have a great weekend
Powerless, Alas
- Power still out at Tom’s office and much of the Northeast and his gas generator is now failing/posing hazards – thus an abbreviated Daily Note.
- Tom generated a few charts earlier in the day which are provided with brief commentary.
- Focus: Bonds, Gold, Crude, DeMark sequential and combo countdowns on stocks and ETFs
- Thanks for your patience, we will be back shortly. Stay safe out there.
Power Still Out
- Power is still out in Greenwich at our office – much of the Northeast sustained damage from the storms.
- Bare with us and hopefully will we can get back up and running with a Daily Note later today