Daily Note

A Few Quick Thoughts

Sep 9, 2021

Dave Newman

  • The markets continue to listen for clues from central bankers of when they will remove the punch bowl
  • 'Market Wizard" Dallas Fed Governor Robert Kaplan late yesterday downgraded his GDP forecast and called for the taper this year
  • ECB Christine Lagarde was either hawkish or dovish or gave a great Greenspan speech leaving everyone unsure what's next
  • The market is losing steam with internals divergent from index prices and sentiment dipped under the extreme zone
  • A pullback is developing and it could come fast.  
  • I'm covering LULU short with a 9% loss and selling KWEB with a 5% gain
  • I'm off tomorrow and lookout for a note from Dave Newman
  • Saturday is the 20th anniversary of 9/11 and each year it brings back so many sad and scary memories. Never forget.
To access this post, you must purchase Small Institutions, Retail or Private Investors.
If you already have an account please