Don’t forget to meet me for this week’s Live Q&A Chat at 2pm EST at https://tradingwithcody.com/Chat where you can ask me anything. And don’t forget to send me your answer about Who’s More Scared, The Bulls or The Bears? Just hit reply to this email and type “bulls” or “bears” or “no idea”. The more feedback we get, the better.
A few of you asked what I meant when I wrote earlier that I am throwing a yellow flag about the economy and the markets here. Let me stick with the football analogy.
Apple, Google, Cirrus, so many other decent/strong reports in tech and other places have been crushed and most reports in all of corporate America have been soft and guidance even worse. A yellow flag means a 10-yard penalty for holding against the bulls and they now are sitting at 2nd and 18 instead of 2nd and 8. The bulls still have the overall momentum and lead the score by a bunch, but did you see Peyton Manning’s Broncos’ comeback a couple week’s ago on Monday Night Football? You never want to count your chickens before they hatch as my grandpa Willard used to say.
Just when you’re complacent about your positioning and your positions is the time when you should be most worried. Don’t count the Bronco-bears out.
Speaking of NFL, here’s my picks for the weekend with a “Revolution Gambling Rating” from 1-10 (I’m up $17.50 on my picks so far on the year, by the way, ha!):
|Cody’s Pick (1-10 Rating 10 Strongest)||Favorite||Spread||Underdog|
|KC (8 – Sorry Bill!)||At San Diego||-7.5||Kansas City|
|Denver (7)||Denver||-3.5||At Cincinnati|
|Green Bay (7)||At Green Bay||-11||Arizona|
|Indie (8)||Miami||-2.5||At Indianapolis|
|Cleveland (6)||Baltimore||-3.5||At Cleveland|
|Houston (7)||At Houston||-10||Buffalo|
|Washington (8)||At Washington||-3||Carolina|
|Detroit (6)||Detroit||-4||At Jacksonville|
|Tennessee (5)||Chicago||-3.5||At Tennessee|
|Minnesota (5)||At Seattle||-5||Minnesota|
|Tampa (5)||At Oakland||-1.5||Tampa Bay|
|Giants (7)||At NY Giants||-3||Pittsburgh|
|Atlanta (8)||At Atlanta||-4||Dallas|
|New Orleans (8)||At New Orleans||-3||Philadelphia|