It’s a tweet-driven market. The rallies off the lows are more and more feeble.<\/p>\n
Further nothing but bad news from the UK, France, Italy, Germany, Japan, China. But not India, which, for once, seems to be doing OK.<\/p>\n
I’m dumping small holdings of stocks that I think may not do well in a global contraction, like HPQ, BA, and CAT.<\/p>\n
I’m also out of the FANG stocks having problems — Apple and Facebook. And ones I mentioned yesterday —\u00a0\u00a0GE, GM, bitcoin, cannabis, housing, commodities (e.g. gold).<\/p>\n
I’m short GM. It’s my only short. Today’s it’s going up. Go figure.<\/p>\n
The family has two houses and one apartment presently up for sale. It’s called “Getting Smaller.” Our Open Houses are open. But no one shows. I kid you not. No one! Home and apartment prices are dropping like a stone.<\/p>\n
Yesterday’s blog had a huge piece on what’s happening — the headline was “Time to be out? If forecasts become reality, we’re in BIG trouble<\/em>.” — click here.<\/strong><\/a><\/p>\n I feel most positive about AMZN, BRKA, LADR, MSFT and UNH.<\/p>\n Some of my real estate syndicators are eyeing refinancing in today’s declining interest rate world. Good idea. Give some money back to their investors.<\/p>\n Love this quote:<\/strong><\/span><\/p>\n Almost everything you do is a failure, until you get the one success that works. — James Dyson, vacuum cleaner inventor, and billionaire.<\/p>\n The day the music died<\/strong><\/span><\/p>\n