Momentum Monday ...Enjoy The Rally
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Happy Monday. I hope everyone got some rest this weekend.
As always, Ivanhoff and I got together to tour the markets. This weekend I shared some thoughts on the FTX fraud and the damages. You can watch listen here on YouTube:
As bad as the markets have been, the Dow has been the place to hide. The Industrials would probably be at all-time highs if Exxon had not been switched out for Salesforce.
Last week we had a strong rally (felt like a bear market rally) in technology stocks so I will use it as a moment to further readjust my portfolio.
I remain high one year T-bills and low stock market exposure as I focus on my seed stage Social Leverage portfolio's. This is the best I have felt about making seed stage investments in a few years, assuming I find the right founder and products. That is probably a good sign for technology stocks long term as well.
Here are Ivanhoff’s thoughts:
Here is the Stocktwits momentum 25 lists...still dominated by Industrials and energy. It is free to sign uo.
Here is the free daily Stocktwits newsletter - the best roundup and linkfest on the web.
Here is Charlie's bear market checklist something worth bookmarking and reviewing.
Here is Charlie's 'The Week in Charts'.
Finally...Stocktwits has a free twice weekly Crypto newsletter called 'Litepaper' which you can get here.
Have a great week.
PS - If you ever have questions about my writing or market questions hit me up on Stocktwits @howardlindzon
Have a great week.
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