Quick Update: Markets remain pretty lame (slow) especially for $VIX 20, but hey, at least we've got impending US-Iran fireworks to distract from the real show: Bloomberg is seen flipping bearish again as Trump preps for "war", pushing $100 Crude Oil (fear porn). Look, I get it: the Chinese get their oil from Iran, and that upsets the China-lovin' crew at Bloomberg.
Meanwhile, I'd like to blow some more holes in the "broadening out" psyop being pushed by the dishonest mainstream media, they've been pushing for, going on 3 months now. The broadening out narrative is nothing new; it's a retread recovery narrative, as we covered back in Dec. '25 [link to post].
Trump bears – including most of Europe – continue to sell (short) US markets. Highlighting yesterday's pinned tweet, absolute gold, if I do say so myself. See the $SPY chart annotations.
Apparently "Pivot From the US" was misinterpreted as "Short US tech", and I personally can't wait to see how this plan turns out! Yes, I'm still net long, even after the rally of the past 3 days.
I don't watch much CNBC anymore, but it's been slow, and I get bored watching a weak tape... Yesterday I happened to catch the midday crew encouraging AI panicans to pile into boring consumer staples like Walmart, Costco, etc. Of course, this is a continuation of the "broadening out" lie we've been fed over the past month or two, and here's why they chose
$WMT:
Meanwhile, I'd like to blow some more holes in the "broadening out" psyop being pushed by the dishonest mainstream media, they've been pushing for, going on 3 months now. The broadening out narrative is nothing new; it's a retread recovery narrative, as we covered back in Dec. '25 [link to post].
Trump bears – including most of Europe – continue to sell (short) US markets. Highlighting yesterday's pinned tweet, absolute gold, if I do say so myself. See the $SPY chart annotations.
Apparently "Pivot From the US" was misinterpreted as "Short US tech", and I personally can't wait to see how this plan turns out! Yes, I'm still net long, even after the rally of the past 3 days.
I don't watch much CNBC anymore, but it's been slow, and I get bored watching a weak tape... Yesterday I happened to catch the midday crew encouraging AI panicans to pile into boring consumer staples like Walmart, Costco, etc. Of course, this is a continuation of the "broadening out" lie we've been fed over the past month or two, and here's why they chose
$WMT:
- Consumer Staple - household name - even the rich are forced to shop this turd thanks to double-digit inflation during the Biden years
- Megacap - moves markets like a Mag7 name
- Dow component #24 (Dow 50k should ring a bell)
Nipped that in the bud:
Famously overbought Walmart is dumped, ahead of earnings $WMT #BagHolders #CNBC #Traders https://t.co/LqnoEm3JSG
— Veteran Market Timer (@3Xtraders) February 19, 2026
The Playbook Hasn't Changed
In fact, Christopher Verrone just came on Bloomberg, called out the defensive trade—hiding in cyclicals - specifically mentioned utilities—as a "knife's edge": Translation: The sector rotation may have reached an end.
Take Care, AA
In fact, Christopher Verrone just came on Bloomberg, called out the defensive trade—hiding in cyclicals - specifically mentioned utilities—as a "knife's edge": Translation: The sector rotation may have reached an end.
Take Care, AA
No comments:
Post a Comment