$UVXY - The VIX is going back to 30 - 15% upside - 6/7/22 Market update

I still think shorting the real estate market with $DRV is a good move - just waiting for a buy signal from the algorithm. 

Energy - keep looking for pullbacks on $DVN $CVX $XOM $MRO $MPLX - drilling and refining increases take time while demand is going to soar with China opening

Inflation number on Friday is key - we will trade in a range until next week with the Fed rate increase.

Strategus Rule of 10 - interesting recession indicator along with the 3 other - inversion of rate curve, rates increasing and rising commodities 

$TGT - selling their inventories at lower prices will crush margins - they said they will be better later this year - this is a temporary issue on the stock - not permanant 

$TSLA - under $700.- buy more 

$TWTR - bad move by the Texas AG IMO - Elon most likely would not approve of this. 

$AAPL - new MacBooks, new operating systems and a move to BNPL - good move - still love this stock down here. 

Scans - $LUV $KHC - both have MacD cross ups - but I'm not convinced either are big movers