Postcards: Stranger Than Fiction

He said with a snarl as he lifted his chin, “Why won’t you admit that the science is in?”

Our market indicators have been positive since the first week of November. But we’re starting to get into a territory on the S&P 500 where things are not only overbought, but there’s a lot of weakness on the selling side. Upstream energy is still selling off, but a bottom is forming in that sector. We are witnessing extreme FOMO and a Relative Strength Index for the S&P 500 SPDR ETF (SPY) of 73. Keep a close eye on its 20-day moving average, as a breakdown could trigger selling. More importantly, check out Porter Stansberry’s latest warning as the dangers loom for 2024.

Dear Fellow Expat:

I wanted to be a fiction writer.

Well, I am one. But there’s just one issue.

The problem with fiction is that you have to make it up.

I’ve written two novels and a film - and they are daunting tasks.

I’ve only published one novel, though.

It’s called The Man with the Big Red Balloon - and it took me about four years to finish.