Equity Storm Watch Is GREEN on the S&P 500 and GREEN on the Russell 2000
We’re green across the board. Let’s look at the individual sector readings for the week. The only sector that looks shaky is consumer cyclical, everything else is full steam ahead. Even if Cyclicals are shaky, you know that the market is very liquid when shares of Carnival Cruise Lines (CCL) and Royal Caribbean (RCL) are breaking out.
What to Do Today: I’d revisit the midstream as an investor. Think good and hard about the income generation you’d want to make out of this sector. And decide if you want to be a person who invests in K-1 or non-K-1 assets. I put together a nice long report for readers and if you haven’t seen it yet, click here.
------------------
Dear Fellow Expat:
Scott and I had a conversation yesterday that took me back… way back.
It was about a year ago that I told investors to buy anything that wasn’t nailed down.
Oil, gold, silver, copper, natural gas, uranium… if it’s real… buy it.
It doesn’t mat…
Keep reading with a 7-day free trial
Subscribe to Me and the Money Printer to keep reading this post and get 7 days of free access to the full post archives.