At this point, the only stuff America actually makes anymore is pornography and ventriloquist dummies.
Fully Financialized
Avoiding the Temptation
I’m pleased, and a bit surprised, to report that I followed my trading rules for a change. To explain: I have a short position in CRWD. They report earnings tonight (and we’ll see by tomorrow if my “wisdom” was foolish or not), but PANW reported yesterday afternoon, and they absolutely exploded higher based on their earnings.
It’s Probably Overpriced
I hope you enjoyed my SpaceX video. On that note, pay close attention to the Max Drawdown column of this IPO recap. Let me put it this way: I’m going to be selling my SPCX shares next Friday as quickly as my fingers can click the Sell button.
SpaceX Anticipation
Oh my goodness, I look sinister. Still, this is an extra special video; I hope you like it!
