Postcards: Don't Go to the Doctor When You're Sick... They'll Throw You Out

If you need proof of how far the medical profession has fallen, allow me to enlighten you with this Tuesday tale.

Market Update: Remember that the market closes today at 1 pm. So, don’t do anything too drastic. And close out positions by 12:30. This afternoon, the Fed will release its minutes from the meeting three weeks ago. Due to weakening economic data, markets are starting to price in - again, a heightened expectation of a rate cut later this year. Powell said we’re on the right track yesterday, but they still need more evidence. Currently, liquidity remains robust, and insider buying has improved in recent weeks. But we are now entering a blackout period on buybacks and will march toward earnings next week. Yes, the Mega cap crowding is taking this market higher, but we see many weaknesses across many sectors. Just be cautious, take what the market gives you, and set yourself up for higher probability trades that can deliver double-digit gains. We’ll chat more tomorrow.