STILL N OF PIKE

Planning on going away next Friday . Seems like the cooler air unfortunately maybe moving in later Friday and Saturday . Haven’t decided where in New England but I can say Newport hotel prices are ridiculous this year as is Omni MT. Washington . Looks like Stowe or maybe was gonna check out Sunday River main lodge as they have a nice outdoor heated pool last time I was there .

Phin approves

ok fair enough i did call for that in February /March . The damage as you may know was very focused on Growth stocks that had tremendous valuations and those names got a major haircut ...some would call it a crash ...as many of those names fell 30-50% ...the losses were concentrated in sectors that had ran "too hot" i.e Solar (ENPH , CSIQ, Run.....EV makers (Nio/Xpev) and generally most of the amazing industry disrupters that Cathy wood owned (3D printing stocks as well) as they had run up like 400% by February and many were halved. I could go thru the names but i think you get the drift. I did believe all those losses would carry the SP to a solid 5% pull back and up to 10% but strong sector rotation into cyclicals kept the Dow gaining and the SP pretty solid (it did fall 4% from Mid February to March 5 intra day lows but that's nothing really) it bounced back very fast and didn't do much broad damage at all as sector rotation and heavy weightings in resilient FAANGS kept SP stair stepping higher after the early March Hiccup and the Dow and Transports have just been soaring. I know the VIX tweets you are talking about. I don't know much about VIX forecasting but i don't write this guy off easily, not as a very good chart and technical guy. He has tweeted a pattern of a " Friday vix crush pattern" (because it has happened for a couple months) and said ...I wouldn't be surprised if that changed because it was getting more predictable. Most people laugh that the VIX can't be charted to show a trade able prediction but i am hesitant to throw the baby out with the bath water because of some implied conspiracy talk , the fed is the most involved it has ever been in the markets ...at a time of supposed economic strong growth. I'm not saying they are doing anything at all not disclosed but i don't see where he said there were....but i still wouldn't throw his charting out the window. He tends to hate the Fed's intervention and he trashes fed ( I think unfairly) for their involvement all the time...and i think he wants to see them pay but if you can put that aside he presents solid charts on things to look for that will validate or invalidate pullback opportunities...he isn't some doomsday bear....although his public (not trading) twitter tweets could easily lead one to think that.

You think everything is a disaster tweet . In fact you don't seem to be able to differentiate a guy tweeting about market valuation issues that could lead to a 5-10 pullback for the sake of day traders looking at entry level possibilities, you should get on the phone with your Insider industry guys to have them de-code the tweets for you.

Your clueless. If you responded how bout this i would give u a different answer. That was announced yesterday and post market futures didn't budge at all ..in fact they were up. The fall began this am around 6 am. This isn't from some little used fund approved for hundreds of billions of dollars that barely bought a fraction of that. The under used program is not a big deal. The little used program held 13 Billion . Apple does that amount in monthly buybacks. If this was announced in tandem with scaling back the monthly 40 billion and 80 billion Mortgage backed securities and Treasury (respectively) then you would have something. The biggest light shined yesterday was the fed's beige book details revealed and highlighted inflation concerns are stemming from multiple broken supply chains all over the dayum place resulting from the pandemic shutdown.

stock futures are down as maybe short hedgies may be bleeding and need to sell any decent stock they hold to raise capital....or the indexes will bounce soon but futures are down almost half a percent in last half hour...which is not that big of a deal... but should be watched as a further fall could help snuff out this speculation and help the short attack. There doesn't appear to be any news related to the indexes selling off right now other than the meme stock craze.

Most shorted stocks rallying like crazy ...just because This morning ..in early trading BB (Blackberry) up 30% this morning GTT up 30% AMC up 14% WKHS up 28% It’s easy to move things in premarket where there is less volume but damn fireworks will continue FED Easiest money policy Ever for this long fuels 2 things on Wall Street ...massive fraud (shady practices which bend the rules for big rewards as big money institutions bend them in normal times with a SEC that has been sound asleep for over a decade and now the opportunities are just crazy when using leverage ) AND speculation that bubbles up all over in niche asset classes that can be moved more . Sometimes they are separate sometimes they overlap And sometimes (Now) the speculation is aimed to cause Devestating losses on leveraged hedge funds that are heavily short . The short sellers will put up a good fight for days and so last time ..only so many meme stocks usually Can pop for more than 2-3 days . We shall see

Donicic 19 in First Q against Clippers . Game 5 series split .

This UFO talk lately is sorta interesting to me I have no idea what’s going on but financially speaking ...After Most countries spent upteen trillions in deficit spending last year to boost GDP 6%, it’s gonna be hard to cut back from that tremendous amount of spending without seeing a large decrease in GDP (Recession) next few years (after we are done reopening and all the stimulus checks and child tax credits are spent ) what if a existential threat gained popularity so that world government could justify the continued spending but on sort of space military Defense ...Deemed necessary (To possibly protect ourselves if need be ) errr and to give political capital to G7 countries to spend ridiculously in unison to keep from falling in recession .

I didn’t realize BBBY and BB meme stocks were also up 62% and 32% today Just to get a idea how much Ludicrous $ could be made when you buy a option BEFORE the big price moves during low volatility (for that stock) ...BBBY call options with a 30 dollar strike price (expiring Friday ) would have cost you 26$ yesterday (the call expires in the money if BBBY price closes Friday above 30) after its move today that call option that cost you 26$ (yesterday ) is worth 1485$ today

Shorts like pain? Why is next week anticipated to be especially crazy for GME ? The chart looks to be setting up for a breakout

Probably just Have to wait for a massive cyber security attack As the next big thing

AMC 65$ Out the money call option volume continues to be insane ala GME months ago .

Glad Ainge is heading for the door and Stevens is headed for head of Basketball operations . Now we look for head coach . Also no championship team is going to have Evan Fournier or Tristan Thompson playing more than 15 mins a game .

Some people are very emotional about masking . Pretty much happens with any topic that is talked about and magnified to the n’th degree. Just reporting changes I see as order was just lifted Saturday . I just want the choice to go maskless and I’m happy to finally have it. Not looking “down” or strangely at folks that have it on still . Don’t really care As long as it’s optional.

Just checked into Planet fitness Burlington,Ma . Has been 100-% mask wearing since the day it reopened till last week. Walk in today , there are a solid 40-50 people through out this moderate sized gym and I see 2-3 masks. Surreal

Liked the talk regarding the elevated plots of land . On east coast but outside of New England , I always thought those rental properties atop Snowshoe mountain must see some epic weather , however rare it is these days for a deep LP to pass SE of them in the winter months . Hundreds of rentals on that main drag at 4750-4850’ . Many look tragically outdated but there is one building with listings on VRBO that are modern and start at about 95K for a small 400-500 foot 1 BR. Monthly payments look to be around $700 with half that going to HOA.

Is the big heat signal “ceiling “ getting knocked down a bit

Was in WFoods Bedford , Ma and I walked in with Mask and saw about 4 or 5 customers without masks... to my surprise And delight . Will be interesting doing the P.M shift at my women’s small group personal training Place what the ladies decide since it’s optional . Saturday saw 75% take em off. I am suppose to wear one for another month bc it “looks good “ ha. This is in Lexington. Try working out very hard with a mask , you can become used to it , especially with moderate weights but not with hardcore workouts

Window unit . You will have 10-15 of those nites when your sweating balls at nite and 100$ unit will eliminate that and the suffering .

No A/C?

If they can save that space for 2-3 years I’m sure with all the jobs robots will be taking , it can be used for poverty shelters/or just UBI funded housing.

High rents , higher consumer costs . Amazon Convenience Crushes them .

Stratton cam peak https://www.stratton.com/the-mountain/webcams

That statton cam quality looks like video from the wizard of oz ..waiting to see wicked witch float thru