Monday, February 8, 2021

The Morning Call--How much further can this rally extend?


The Morning Call




I am travelling early tomorrow morning, so the Morning Call tonight.


The Market




            Monday in the charts.



            How much further can this rally extend? (must read)



            The bull mania and the charge of the light brigade.



            There is no Wall of Money.



            Long Treasury yields reach 2%.







              The Economy








                          Why Big Oil is not worried about Biden’s executive orders.



            The coronavirus


              Lockdowns have depleted all forms of capital.



            Bottom line.


              This sounds stupid, but I am buying some just in case.



    News on Stocks in Our Portfolios




What I am reading today


            Pterosaurs were the weirdest wonder on wings.



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