Down goes the Dow

I saw an armadillo yesterday. The last time I saw an armadillo, 1/14/2019, the S&P 500 was up 27.1% ( PR ) the following year !

Move over Christine Wang, the Picasso of Memes will show you how it's done.

Image:i.imgflip.com/6m85yp.jpg

As I mentioned earlier I was track coach in the early 1980s at Blinn College just down the road in Brenham. We lived right off campus, so I would run over for the morning workout. One morning I heard this strange sound and movement in the dark in front of me. The sound was the fingernails of an armadillo on pavement. Startling to say the least.

Earnings Scorecard: For Q2 2022 (with 18 S&P 500 companies reporting actual results), 13 S&P 500 companies have reported a positive EPS surprise and 14 S&P 500 companies have reported a positive revenue surprise.

Ok I LOL’d ! 😂

Bought it @ 2 weeks ago.

MV / Cost = 96.25%

How much of that was the cost to buy?

I will look up later.

As I recall, the cost to buy was real but < 1%.

I think the cost to sell within like 90 days of purchase is 1.5%.

24 days since the low

My current stare-at-the-ceiling-at-night issue is the EU ban on most RU oil, starting January 1.

How exactly is this going to work? How will it not cause another surge in oil prices and recession and crisis all over the world, and lower oil prices.

Germany energy prices are already straight up a wall...this is not a great setup.

Only thing easing worry is that oil seems to have settled in at the $105ish level. I'd guess it would be higher if this truly were a Defcon 2 situation.

Maybe I'll start buying energy stocks now in case this becomes more well understood in the fall...energy stocks are down 30% from their highs so I wouldn't exactly be chasing returns.

noice!

hah hah but the armadillo indicator has a very high hit rate and has been used by South American traders for generations and has led to multiple regime changes. I read something about it but can't find it now.

correction: **How exactly is this going to work? How will it not cause another surge in oil prices and recession and crisis all over the world, and lower STOCK prices.**

Out of the gate and already deep in the hole.

Market down 1.25% -- okay, my ETF up 1.25%.

But everything other stock I own is down at least 4%, save one.

Savage beating continues.

What a horror show today was.

Hope Hussman will give me a gain of at least 1% to offset huge losses.

But with the market doing so poorly surely your Hussman Strat will have a great day!

On the day:

HSGFX +0.28%

NASDAQ -2.26%

S&P 500 -1.15%

Dow -0.52%

Russell 2000 -2.11%

😹

Hussman was rocking today!

Rocking was SARK up over 6%. Rocking 🪑……😹

S+P down 1.15%;

My ETF to bet against market up 1.09%.

Hussman? Up a measley 0.29%.

When does this fund perform?