The Uncertainty Trap

On this week's episode!

Nothing in life is certain. Least of all the fate of the American Republic in November, the invention of a COVID vaccine, and as Wall Street is really concerned the scope & likelihood of renewed Stimulus.

As such, the markets continued their choppy turn this week. But as ever, on the heels of what looks like a correction in September, the Nasdaq wins the  week and the DOW sheds weight. Why? The march of history towards Minority Report & Blade Runner means that Tech is the new buy & hold haven, and that the DOW can only be held together by Federal intervention. 

So if you followed us on Monday and went long on QQQ, or optioned into calls on the Nasdaq, buying the dip as we say, then your fortunes are somewhat improved. 

And presaging even more the emergence of a Technology dominated dystopia, President of the California Republic Gavin Newsom ended for all time the sale of gas cars in our fair state. Nice.