Quick Draw Mcgraw Goes To Acapulco

by | Jun 26, 2020 | Daily Note

  • Investors who had watched in horror their portfolio get crushed in March on the lockdown and had a miracle recovery will act more like "Quick Draw McGraw" and won't hesitate to pull the sell trigger if markets break the S&P 3000 "Acapulco Cliff Dive" level on renewed COVID concerns
  • Some internals are stretched and some are reversing down
  • Is Tesla the next Wirecard?  A good 20 point checklist 
  • Credit spreads slightly wider
  • Have a great weekend and stay safe
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