Yesterday a 5-day losing streak was broken. The question is can we have a two-day rally, especially in the face of a weekend? We haven’t seen a Friday rally hold in weeks. In the last few days, we had some major names come out and call for world woes to appear. Paul Tudor Jones is calling for a debt bubble. Ray Dalio says the entire world is long stocks and that will lead to problems, but one little glimmer of hope on trade war tension and markets scream higher than an Elon Musk SpaceX rocket. All this erratic price action is reminiscent of walking through one of those mirror mazes at the fair. Every time you turn around you get smacked in the face. Join me from Laguna Beach, California as we talk this and the rationale for portfolio adjustments during times of weakness.
