American Tower (AMT) looks like it’s wanting to complete its absolutely massive top.

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American Tower (AMT) looks like it’s wanting to complete its absolutely massive top.

Finally, Nextera (NEE) is behaving As God Intended ™. My puts are up 30%, and by God, I seriously needed this.

Let’s take a look at two view of the S&P 500. The first, the cash index, shows the same sensational broken wedge I”m seeing all over the place. This is the most encouraging chart I’ve seen in ages.

Corporate welfare queen Intel, which got $100 billion dumped into its lap by the federal government, still can’t get out of its own way. As I’ve been saying repeatedly, this garbage stock is in serious trouble. If you can’t take free cash from D.C. and still make a go of it, you’re seriously busted. The breakdown is just beginning.
