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Hello everyone, welcome to Wednesday. Today's free newsletter is posted and in the commentary section, we are talking about .380 the "ammo" and if it is acceptable for a self defense round. This comes after I had posted a letter on Sunday and in it I mentioned that I had changed my carry gun, and it is chambered in .380. That got me some push back from "those guys" that seem to think that anything short of a cannon is too small. We talk about that and the incredible developments in ammo technology. Is .380 good enough? It is today.
We also talk about the market hitting an all time high again today. For no really good reason, in the face of June rate hikes, while digesting fading fundamentals, we inched our way to glory. Yet it came on punk volume. Is it the start of a new leg higher, or like the March first all time high, will it fade off and we trend sideways again? We talk about it all.