The New CS Board

[ahimsak]

Just went 90% long qid at 39.38. Been too busy to deal with markets for past week.

Weekly sentiment and options say we go sideways into middle of july, but with volatility.

Trump tariffs will tip us into a recession later this year. Without them we could have gone into late next year maybe before a recession.

Bottom line: Companies poured almost $500 billion into stock buybacks first half of year, assume that will slow down to a trickle now. Along with fed slowly tightening, markets are poised to at least test the feb low of 2530, of go lower than that this fall. Pretty sure of that.

I will keep buying qid on rallies, and sell it on drops, as think could be another month before the real selling sets in.