Four days of drift came to an anticlimactic conclusion this OPEX week after investors were rip-savaged in January. With one week to go, the Nasdaq is on track for nearly a 6% monthly gain. Not many expected this type of action, almost a cruise control, especially without Fed tailwinds and the façade of a recurring Greek debt crisis.
If you examine our recent history, you may recall the illustrious winship we experienced to start last year. Champagne corks were popped daily and gains were well over 25% year-to-date. That was right about this time last year. Then we spent 12 grueling months in the grind house. It brought out the best, it brought out the worst, and it left a notch on your face.
Today the market is bucking a negative news cycle and “all this tech money” is creating a hyper-pocket of wealth in San Francisco. Business is booming and you need yourself a way to capture some of its effects so you can pay your taxes and buy nice things.
Nice things are nice, but as many of you know Raul lives a peasant’s lifestyle—more hip to freedom than possession. Unlike a peasant my blood boils come springtime for conquest and battle. Are you ready for the monarch butterfly to emerge from his cocoon with glistening slabs of muscle girth? All directed upon your village and women?
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damn!
Gummy bears