Postcards: A Corny Idea...
Monetary inflation will return. While a downturn might come, use it to your advantage to buy THIS asset.
Market Update: As I noted yesterday… look for lower highs and lower lows. Today, we had a short-term pop that immediately fueled broader institutional selling. The MACD is starting to turn negative, and the S&P 500 ETF (SPY) is testing its 20-day moving average and its 50-day moving average. If it breaks under those levels, this could fuel a deep, negative momentum situation. Let’s stay on top of this and look for new opportunities.
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