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Writer's pictureKashyap Sriram

Bi-Weekly rollup | March 27-April 09 2023

Stocks Mentioned: Canfor Corp (CFP.TO), Accenture (ACN)


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March 28 2023


Stopped out of Canfor Corp today.


I exited oil futures and bought a few oil and gas companies, went short another tech stock (ACN).


I'm a bit busy with other things (I do have a life outside markets) so won't be as active this week.


April 02 2023


7 companies make up 24.22% of the SPX and 51.13% of the Nasdaq 100. Don't be fooled by the blow-off top we saw on Friday. Market breadth is horrible and this terrible crowding into the mega caps will unravel with a bang imminently.




April 08 2023


Commercial bank lending dropped nearly $105 billion in the two weeks that ended March 29, the most in Federal Reserve data back to 1973.



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