I’m a little depressed tonight to find out my own trusty State Department has been harboring two American-born Cuban spies for oh…. THIRTY YEARS now. And what’s even more depressing is that these Grade 15-level federal bureaucrats were not even gettting paid by Fidel — no, they did it out of love for that “bang-up” job The Beard has doing on his 50-years and running prison paradise down below Key West.
Not enough love for them to actually move there, mind you.
No sir, these two cheerleaders of La Revolucion were perfectly happy to stay in the often-chilly D.C. suburbs and bank their fat U.S. gummint paychecks (your tax dollar at work!) whilst romaticizing the good works of El Jefe down in the Caribbean.
And sure… it was a nice place to visit and all, but… they wouldn’t want to defect there. What with the palmetto bugs and all that.
Odd, no?
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I’m not gonna get all “Chartin’ Charlie” with you tonight over the portfolio. I told you at the end of last week we were due a pullback, and I’ll be damned if we didn’t get it to the tune of (-2.25%). Now stop yer cryin’ and start looking to pick some of these wounded suckers up. Do it slowly, and with measured pace and you should be very pleased by the end of next week. Or at least “gruntled.”
Overall port ended up just a tad under 23% since inception, thanks to this week’s downer. Here’s the rest of it:
| Name | 5-Jun | % Change | Weekly Chg | Comments | ||
| ANDE | $ 30.05 | 6.48% | 15.58% | Going to $33 near term. Scary. | ||
| EGO | 9.24 | -2.94% | -4.64% | Doji’d on the 20-day (9.15). Could be it. | ||
| GDX | 41.33 | -5.01% | -4.79% | $40 is a likely target | ||
| GLD | 93.71 | -2.62% | -2.11% | 20-day $93.22. | ||
| IAG | 10.06 | -4.64% | -8.71% | Oversold on the daily, but not weekly. | ||
| MON | 81.98 | -1.11% | 0.61% | Meh. | ||
| NRP | 24.50 | 1.07% | 1.07% | Back above the breakout on the weekly! | ||
| PAAS | 22.08 | -5.20% | -5.60% | Nice pullback on the weekly. | ||
| RGLD | 44.08 | -4.57% | -4.46% | $42 possible. | ||
| SLV | 15.01 | -3.97% | -2.21% | Pullback first in 4 weeks | ||
| SLW | 10.37 | -5.30% | -1.14% | Weekly still a beaut on this one. | ||
| SSRI | 22.36 | -6.72% | -7.98% | Bounced right on the 200 week ($22.27) | ||
| TBT | 56.94 | 1.68% | 2.56% | Off to the races. | ||
| TC | 9.92 | -1.39% | -0.70% | 13-34 week bullish crossover on the weekly | ||
| TSO | 15.56 | -3.11% | -11.14% | Bearish engulfing on the weekly, not good. | ||
| AVG | -2.49% | -2.25% |
Be well, my friendos.
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