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.

US Bank Lending Slumps by Most on Record in Final Weeks of March