BofA Survey Turns Ultra‑Bearish on Dollar, Go Long
The BofA fund manager survey has never been this bearish on the dollar. It is time to bite your lip and start being a lonely dollar long. I have a sample size of one here, arguably a sample size of two, so roast me in the comments if you so please. But when you get surveys doing stuff like this on 13-14 years of monthlies, get some guts.
Energy and Materials Surge as Tech Falters in 2026
This is a pretty cool chart to show your investment committee. A classic stock price-to-corporate profits image that reveals extended conditions reminiscent of the turn of the century. If this chart has any prescience, we should remember that the leaders...
Software Stocks Echo Dot‑com Highs, Risk Imminent Crash
The carnage brings us back to the Dot-Com highs on Software Relative to the S&P 500. Ugly ugly ugly. I don't know if it happens this week, but I think this chart will break down. Time will tell. https://t.co/d0hCRxotxq