September fed tightening may kill this market so be cautious

The market wants to go … but it’s been huge for 45 days now

$Gs

$Clf

$Boil

$Pbr ex dividend date - 44%

$Orcl

$Lng above $150

$MU Micron for Liam

Explain why buy and hold is much better than trading and why sitting on your hands is always better because you just can’t time things

$Cop

$Dvn

$Oxy

$Xom

$Cvx

$Fang

Nat gas is down - boil had a huge day yesterday - $boil cross up at 98.14 - but remember I don’t like to trade it that way

Most recessions don’t have oil demand going down - it goes up even during the recession

China is still in lockdown which is why demand is low overall - most likely not price demand destruction

Emergency reserves are still being used and needs to be refilled - spr - 150 million barrels so far - as soon as that stops and Russia sanctions start - and China opens - boom

And us is expected to have many more people going back to the office after Labor Day

$ARKK fav $ILMN

$AAPL tells suppliers to make as many iPhones as they did this year suggesting demand is still high

$Tqqq

$Rivn

Inside buys for the week

$ET chairman bought $30m of shares ….. 3rd biggest inside buy in the last 5 years- stock is 20% off the highs so he’s buying in to strength

Redbox is now chicken soup for the soul -$csse

$Mrna pullback

And guys … I’ve had a lot of winners lately but that’s the market … realize that during the down days it was tough to find winners and my long term portfolio was down. I probably should track my portfolio separate with buy and hold vs trading but I look at overall and I’m down 13.6% ytd …. So if you’re up in the past 2 months like me it feels good but I do think we are heading back down so just make sure you’re comfortable with your portfolio … if you aren’t now is the time to fix it while it’s up … not when it’s down

But earnings next week with wmt hd low target and many others … remember they disappointed last … that could be a trigger for thr market to come down - we will find out how the consumer looks and how inventories are for back to school

$Siga still up

Cross ups

$CVX

$VET

$SGML

$PLL

$PBR for the dividend