CNBC: June 21, 2016
U.S. Stocks Only Safe Haven
"There is no alternative"
Speaking of momentum casino, oil is tanking again today...
Here are the current speculative futures long positions:
U.S. Oil inventories as of last week:
The stock is trading at $123 in the pre-market
Car Max is also down in the pre-market due to a weak quarter...
And of course, Booze is the ultimate safety trade according to Fast Money last night...
225 year-old brewer, Molson Coors was specifically highlighted. And its 4x overvaluation was deemed "reasonable"...
Presenting the Burj Dubai of stock charts:
As long as no one tries to get out quickly, this will all be fine...
Speaking of "safety trades"
The low volatility implosion fund made another backtest yesterday. What else?
"There's safety in numbers"
Until there's not...
