A Return to Regimen (XLY, XLP)


Bourbon & Bayonets

Glad that’s behind us. The world awaits a new day, friends – a new era replete with sunshine and stock market profits and nothing else besides. And that’s precisely what it’s going to get. On face. For in the same way that Nero was said to be fiddling while Rome burned, so the modern equivalent […]

November 6, 2014

Reader Discretion is Advised (XLY)


Bourbon & Bayonets

We’re going to return today to one of the themes we highlighted in last week’s letter and attempt to explore it in somewhat greater depth. For those who wish to go back and review our thoughts of May 15th, the letter was called Horrifying Research Reveals Rally-Ready Market. Now onto business. We were exploring the […]

May 22, 2014