Postcards: Don't Bring These to the Breakfast Table

The Russell 2000 breakout we predicted arrived with the IWM breaking to 185. The Direxion Daily Small Cap Bull 3X ETF (TNA) surged nearly 9% on the day. Plus, why advent calendars are bad ideas...

Market Update: The Russell had its breakout, as we expected in our conversations earlier this week. Energy remains under pressure due to OPEC+ and the continued rotation into tech and small-cap stocks.

Dear Fellow Expat:

For the last month, I made a terrible decision.

Did I miss the recent stock market rally and not buy in?

Of course not. Don’t be silly.

We have the Equity Strength Signals to tell us when to buy the dip, and we projected in the Republic Risk Letter when things were oversold and insider buying was high.

No, I elected to allow my daughter to watch cartoons in the morning during breakfast in November.

And for one month - as the characters on screen transfixed her - I had to remind her to eat every 45 seconds.

I had to turn off the TV on Thursday morning finally.

I sent her BACK to the breakfast table, where she sat silently and ate quickly and tidily before school. But my wife decided to throw a wrench into my silent plans.

She bought a Lego Advent Calendar.