Difficult to call it a "hawkish cut" when coupled with a new round of QE!

Even after yesterday's drop, $NOW trades for 38 times next year's expected profits. It's a perfect "tax-loss-selling" candidate which means it will likely continue to be under pressure through the end of the year. FD: I own puts -- and $NOW is on my bearish watch list.

The death cross is complete... $META down roughly $25 from previous post... Still likely to test the November low. This looks like a good one to buy puts on for the next 2 weeks!

I'm still intrigued by homebuilders... This is an area that is under-owned and hated. Any shift in sentiment could drive stocks significantly higher! $ITB bloomberg.com/news/articles/…

$SLV up another 3.5%+ ahead of the open. Extended?? Yes! Could it go farther?? Also Yes!

A word of caution here... Fund manager cash levels have dropped to a record low. This means institutional investors have ALREADY put their cash to work. Which begs the question, how much cash is left to buy (and push stocks higher). Short-term this could lead to a Jan pullback

Great holiday weekend in the books... Time to get back at it (for short week). Happy Holidays Y'all!