Best known as the creator of The Rocky Horror Picture Show, Richard O’Brien, 73, is stirring up controversy by joining Dame Edna Star Barry Humphries and feminist icon Germaine Greer by making what some transgender rights activists are calling anti-trans commentary. Could they all be right?
With the McClellan Oscillator screaming overbought (most since the post-Lehman hope bounce)...
The two best-performing indices in the last 3 week's yuuge short-squeeze bounce are also at extreme overbought levels.
Trannies are as overbought as they were at the peak in Nov 2014 (after Bullard's QE4 bounce)...
And Small Caps are as overbought as they were at their peak in June 2015.
I found out yesterday that my friend Hunter Baker, a political science professor at Union University in western Tennessee, has decided to run for Congress. He will be seeking Tennessee’s Eighth District seat being vacated by Stephen Fincher, retiring after three terms. Baker is an Evangelical. Last year, when I visited the Union campus, Hunter and I had serious discussions last year about the threat to religious liberty. When he told me he was running for Congress particularly to fight for religious liberty, I asked him if I could send him some questions. He said yes.
Stocks are up thanks to another mindless spike in WTI Crude this morning after Genscape reported a smaller than expected build at Cushing. WTI spiked over $37 and Brent back above $40 on the news as Futures and ETF shorts cover.
From Genscape:
So a considerably smaller build than the prior week, which sent WTI back above $37 for the first time since Jan 6th...
Futures shorts covering in size...
