It’s been very dramatic, but I think crude oil has finally hit its bottom.
Crude Oil Bottom
Consult the Oracle!
It seems that Larry Ellison’s decision to spend his autumn years banging women one-quarter his age isn’t such a great business strategy. I daresay vastly lower prices are on the way, even though nearly 60% of shareholder value has already been destroyed since, fittingly, September 11th of last year.
Crypto Cracks
My long-held bearish views on crypto are well documented. It simply looks better all the time.
Sandisk at the Trendline
My message here couldn’t be simpler: Sandisk went up EIGHTY-FOLD in a single YEAR, which is just goddamned stupid, and it’s lost 25% in a matter of days. It is precisely at its lifetime trendline. Break it, and it’s game over.
Young Garbage
Here are eight items from my Recent watch list (here I keep relatively young companies) which I believe have the potential to be profitable short positions. I am not in any of these yet, but I’ll certainly be keeping a close eye on them.
