US and Iran tensions rising again ahead of a week full with inflation data.
I smell stock market doom. 📉
Once the prez and his cronies load up, we will see new news and a bounce.
Billions are being made.
#BREAKING: @jdvance: “If you go back to WWII, if you go back to WWI, if you go back to every major conflict in human history, they all ended with some kind of negotiation.”
Lawrence: “NO, they didn’t. WWII ended with ZERO negotiations. WWII ended the way Donald Trump claimed his war in #Iran was going to end—unconditional surrender. Japan and Germany each signed unconditional surrender documents. Adolf Hitler killed himself rather than submit Germany to the unconditional surrender that he knew was coming. Every vice president, everyone, prior to JD Vance has KNOWN that President FDR demanded the unconditional surrender of Germany and Japan during WWII and when FDR died…his vice president, then elevated to the presidency, Harry Truman, accepted those unconditional surrenders without a word of negotiation with anyone about those surrenders. That kind of statement by JD Vance demonstrating a complete IGNORANCE of how WWII ended is the kind of thing that used to get you drummed out of American politics before Donald Trump’s DUMBING DOWN of the Republican Party and it tells you something about the quality of thinking that the vice president of the United States brings to his job.” 😳
The Trump administration just paid Invenergy $765 million to cancel four wind projects. That brings the running total to roughly $2.5 billion in taxpayer money spent to stop energy from being built.
Think about that.
At a time when electricity demand is rising, the Trump administration is spending billions to reduce the amount of power that could reach the grid.
Trump has spent years attacking wind turbines as ugly and inefficient. He is entitled to his opinions about how they look. He is not entitled to make taxpayers finance those opinions.
Seven states have already sued over earlier agreements. Federal courts have repeatedly found legal defects in this administration’s efforts to halt offshore wind development. The administration has cited national security concerns while providing little public evidence to support them, and judges have said they were not convinced.
Strip away the politics and what remains is hard to defend.
Billions in taxpayer money paid to private companies to cancel planned energy projects during a period of rising demand.
Governments usually spend money to build things.
This administration is spending billions to make sure some things never get built.
https://t.co/rB2naxc27j
@charliebilello@carlquintanilla You can easily see there is broad participation by simply looking at sector ETFs. Industrials, transports, financials, and regionals are all at or near highs.
$XLI $XTN $XLF $KRE
@charliebilello@carlquintanilla You can easily see there is broad participation by simply looking at sector ETFs. Industrials, transports, financials, and regionals are all at or near highs.
$XLI $XTN $XLF $KRE
Most people assume if you enjoy shorting stocks you are a permabear.
But we all know markets go up with drops along the way.
So I focus on putting "buy the dip" on steroids.
The best way to build your cash position for buying the dip is to target stocks that are DOOMED.
Short them. Raise cash. And deploy it into names you want for the long term.
This is how I do it. Follow along.
Would you buy a stock/ETF with the following characteristics?
- up 20% in 2026
- consolidating since March
- at the low end of its range
- yield is 2.65% 💰
Feels like a great set up to me which is why I recently added more to my overweight position.
I am talking of none other than $XLE
Energy has room to run. 📈
Early drop of the "Friday Night Dirty" from our "What Are We Doing?" Substack. @VD718 dials in from Cali after a visit to $GLASF & shares his thoughts. @Seawolfcap says it's time to nibble on #energy ($TDW) & we opine on Warsh's first #FED meeting as Chair
https://t.co/DmyP3sBXyk
WATCH THE DOLLAR
Warsh managed to sh*t on Fed track record of inflation - not hard to do but not cool to do as bond holders stare at the spiking higher PCE expecatations just shared while listening intently for cueson lower rate gymnastics.
Also Warsh, sh*tting on Fed competence - hence the need to bring in outsiders & form committees with *new data* ... all to support the Trump/Bessent/Warsh agenda of removing transparency AND Fed Indepence.
Warsh is pushing forward more of the Project 2025 agenda.
Dollar smells it even if market doesn't.