LettaCo Cap. @LettacoC
Better to be caught with it than without it. Not financial Advice. Joined March 2020-
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$NVDA be careful here. No reason we don’t test out some moving averages to the downside like SMH.
$UNH with a big move. Problems remain. Surprising to see.
$QQQ $SPY sell off. Inflation is a lot more persistent than we think.
What a market!!! $DELL😐 Buyers could get hurt here. But then again, this market has exceeded the meme stock craze.
$BABA $BIDU being bought in Asia. Dips being bought on HSI after sell offs. All good signs that the bottom could be in.
$BABA $BIDU sell off today was overdone if not unwarranted. Added to both.
$BIDU. Long this pullback. Could see a full recovery by EOW.
$ANF short here. The short lived fad is likely over in their brand revive. Hard to own it if growth slows. All speculation but IMO.
$BABA a steal after that solid report. The narrative driving the market. Not the fundamentals. Narratives tend to change fast.
Hard to bet against the $SPY for now. Soft landing for the wealth. Hard times for the middle class and under.
China has been financial restrictive vs. Japan and the USA. With government support coming I expect inflation to pick up globally. Long commodities here short high growth. $SPY $QQQ
Nailed $BABA and $BIDU. Time to get short $SMCI today.
$SMCI LOL. Be ready to get some puts on another bubble. Constant gifts.
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From our Short $META presentation on Monday:
Half of Canadians have negative opinion of latest Liberal budget: poll ctvnews.ca/politics/half-…
@SteveSaretsky Canada will build 10 million new homes though. Don’t worry.
Déjà vu. Same promises. Same programs. And the same politicians that doubled your housing costs.
@HedgeyeComm I’ll cover before then but thanks to you and Hedgeye for helping me see what a great short it was in the $90’s. Do the opposite of Hedgeye and make money 😂
The 33% increase in the Cdn capital gains tax will of course discourage the formation of domestic capital just when it is needed most. I guess the gov didn’t notice that the Cdn new issue/secondary issue market has been as dead as the Raptors. This won’t help.
The future echoes the past? The Fed will hope so.
GARZARELLI CAPITAL: Today’s disinflation is “a mirror image of what happened after WWII .. there was a pause in inflation’s downtrend .. lasted for several months, and then .. resumed .. we are experiencing a similar pause and see inflation following a similar path downward ..”
How many Canadians did a google search on - where they can move to after yesterday's budget?
Scottie Scheffler, the #1 golfer in the world who just won #TheMasters, has shared his faith in Christ and Jesus’ victory on the cross 4 separate times in his post-win press conference. True class act using his platform to grow the kingdom! Incredible! 🙌
This is all about expectations being wrenched. Finally reality.. The expectations were so stupid. Who comes up with this stuff. One or no cuts..
Greatest Fleece in NFL history Carolina Panthers Receive: • Bryce Young Chicago Bears Receive: • Darnell Wright • CB Tyrique Stevenson • DJ Moore. • Keenan Allen • Caleb Williams • 2025 2nd round pick
Packers are expected to re-sign RB A.J. Dillon pending a physical. (via @TomPelissero)
#Titans are catching a lot of heat for this..
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Do you think Elon Musk made the right choice NOT to do business with Don Lemon?
🚨🚨🚨BREAKING NEWS🚨🚨🚨 Robert F. Kennedy Jr. has chosen his running mate and the person has accepted the position, per ABC. Finalist Jesse Ventura has NOT received an offer, per his son. AARON RODGERS THE VICE PRESIDENT…. Seems to be in play. 👀👀👀👀
Wild…. 94% of Americans would rather have #Jets QB Aaron Rodgers as the Vice President of the US over current VP Kamala Harris 🤯 (40 thousand people polled by @ClayTravis)
Do you support Pierre Poilievre's plan to defund the CBC?
Boom times for CBC despite their complaints of chronic underfunding. CBC bonuses total ⬆️ $15 million, 2023 Number of CBC staffers receiving bonuses in 2023 ⬆️ 1,143) Total amount of bonuses since 2015 💰 $114 million CBC raises in 2023-24 📈 $11.5 million Number of CBC…
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