For the past few weeks we’ve been warning about a rollover top in the making in the stock market, and it appears that something’s now afoot. We don’t want to jump into alarm mode, of course – it’s too early for that. And it’s more than likely there won’t be any need for alarm bells […]
We’re not so impressed with the smarmier types in the newsletter business. Those who constantly flatter their readers, tell them what they want to hear and overcharge for their less than capable services. Here, at Normandy we’re all about ruffling feathers, telling it like it is even when it makes you yell to the heavens […]
We have one trade to report before we got on with this week’s business – a trade that went so damned well, we’re going to pause and pop a bottle of champy, spark up a cigar, force the Mrs. into that old high school majorette uniform and play a round of ‘half time at the […]
We received word just over 24 hours ago that the Bank of America/Merrill Lynch market technician’s team declared an immediate end to the precious metals bear market. The man responsible for the daring report has no first name. He goes by the moniker MacNeil Curry, and apparently because of that injustice (parents can be so […]
So just what is this so-called ‘wall of worry’ that epitomizes bull markets on Wall Street? It’s a phrase that’s bandied about by just about everyone. But until you open up the patient and actually stir about in his guts, you really have no idea what it means. It’s for that reason that we’re taking […]
We’re going to look at a few items this week. With spring upon us, it seems appropriate to survey the scenery before the heat of summer and that sweaty July madness arrive and make it hard for us to think. We’ll begin with what could only be considered a schizophrenic trade in silver. A quick […]
Did anyone catch that drop in Tesla shares last Friday? A drop of over thirteen bucks that sent six percent of the company’s market cap up to money heaven. And all on the back of our call last Monday to stay the hell away from this puppy. What Caused it? Good question. Over the last […]
Just a couple of items, friends, before we get carried away and all hell breaks loose.
The first issue is Tesla (NASDAQ: TSLA), the company that built a magic car that flies you to the moon and back and pays you cash money for your trouble.