Tech is in the Retard Zone — Getting Into Old Woman Stocks

Listen to me. AG Sessions might start crucifying tech titans in order to distract people from the fact that Trump called him retarded, old dumb southern dumb.

This just out.

“We listened to today’s Senate Select Committee on Intelligence hearing on Foreign Influence Operations’ Use of Social Media Platforms closely. The Attorney General has convened a meeting with a number of state attorneys general this month to discuss a growing concern that these companies may be hurting competition and intentionally stifling the free exchange of ideas on their platforms.“

While I believe this will have ZERO effect on the sales teams at my favorite SAAS plays, I do think the optics for tech is bad now and the action horrendous.

With the 65% cash I have burning a hole in my pocket, I put some of it to work here, buying CLF, K, and CLX.

Both K and CLX are old women stocks, feeding the kids and washing the bathroom floors.

The other is a coal play, a man play.

Any questions?

Cash has been drawn down to 50%, awfully conservative and definitely scared. However, truth be told, I am in the midst of a family emergency and have had little to no time to watch markets. While I can do this shit with my eyes closed and without even reading news, I am not feeling the current vibes and rather wait to see how the next few days unfolds — before making a serious stand.