From the front page of Palo Alto’s hometown newspaper:
NightHawk and META
I owe a debt of gratitude to Platinum member NightHawk for saying this yesterday morning in response to my Meta post and directing it to me.
That immediately prompted me to short the bejesus out of META, and the results have been great!
If It Moves, Kiss It
As I said on my show this morning, if my portfolio were named after a Star Trek ship, it would be the U.S.S. Defiant. The lame-ass jobs report spiked markets, based on the harebrained assumption that lower interest rates would make everything into flying pink unicorns, but instead quotes have turned, Clockwork Orange style, real horrorshow.
Weak Jobs, Uncertain Futures
The widely anticipated jobs report came out just now, and job growth was much weaker than expected, plus past growth was revised lower. This is the first miss in the jobs report in months, and in a long of a third of a billion people, adding fifty-seven thousand jobs is pretty lame.
