Monday, March 27, 2017

Calm Before the Storm?

Calm Before the Storm?

I do believe that Trump's administration not being able to pass ACA reform last week casts a shadow of doubt on his ability to deliver on many of his promises.  Wall Street may be waking up to that shadow as well.  I suspect tax reform and infrastructure spending could easiliy not happen or be watered down - Trump's popularity is too low for him to bully lawmakers.

I may sell a few things today.

Speaking of selling and CALM, CALM reported earnings this morning and it looks like we are not eating enough eggs!  It sucks as I was going gto sell CALM this week (they are in my 4/1 tranche and are under water so would be sold short of a year).

Oh well. Not a huge position.

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