Your daily source for trading strategies, tech news, and politically incorrect humor.
Fellow eMBers,
Last night, out of nowhere, I got a call from a friend.
I haven’t talked to him in a while (feels like ages).
He’s very smart. And when you meet him, you can instantly tell he “gets it.”
Where does he live?
Wall Street… he’s one of the insiders.
I had a great conversation with him. And I’m going to see him in New York next week.
He has great investment ideas.
And I hope I can feature some of them in your Morning Bullets.
Stay tuned…
INVESTOR INSIGHTS – Market choppiness… yawn, ZZZZZZZZZ.
As advertised, the stock market is stuck in the same trading range.
The range is between 2,873 and 2,900.
And I think it will probably stay in that range until Wednesday.
Why?
Historically, this is what generally happens:
Of course, there is no guarantee it will happen this time. But it’s something I keep in mind.
Gold and silver keep blasting higher. But the sector is reaching overbought levels.
And we are approaching a seasonally week period for the metals.
YOUR SILICON VALLEY (LIBERAL) OVERLORDS
Facebook got dumped… from the S&P ESG index.
It’s an index that tracks companies with good environmental, social and governance policies.
Why?
Privacy concerns. And lack of transparency.
In other news, Facebook is planning a big announcement next week.
On June 18, Facebook will reveal their own cryptocurrency – Libra.
They have big backers including Visa, MasterCard, PayPal and Uber.
Libra is expected to act as a “stablecoin”.
It means it will be tied to government issued currencies. And it won’t be very volatile.
Here is my question:
Will I get banned by Facebook if I use Libra to buy a MAGA hat?
TRUMP DERANGEMENT SYNDROME
NYC Mayor Bill de Blasio (Democratic presidential candidate) was on MSNBC.
And he said President Donald Trump committed treason when he said he would accept “dirt” on political opponents from foreign countries.
He added, that’s the last straw. They should begin impeachment proceedings.
Democrats are ratcheting up the hate.
And the Corrupt Media is on their side.
Let me guess what’s next…
A poll showing de Blasio is beating Trump in all 50 states!
TRUMP IS WINNING
According to Civiqs DailyKos poll, Republicans are supportive of the tariffs.
CRAZY-INTERESTING OR RIDICULOUSLY-WEIRD
ADDITIONAL READING AND RESOURCES (ARR)
I can’t get into all the news and interesting information out there in this one email, so what you’ll find here are articles, presentations, and resources I’m digging into and believe you should as well.
Most people think President Trump made his fortune with hotels and casinos. But that just isn’t so…
In fact, he used a very simple income trick that is EASY and available to ANYONE.
This income trick he loves is just one of MANY powerful secrets the rich use to quickly amass a retirement FORTUNE.
Discover 48 other powerful secrets the rich use to generate huge sums of money…
Your biggest fan,
P.S. We’d love your opinion.
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