Momentum Wobbles But We Could See a Rally

A funny thing happened after the Fed's meeting in Jackson Hole last week... Monday, August 28, 2023   Index Momentum S&P 500 RED Nasdaq RED Russell RED   Momentum Wobbles But We Could See a Rally Dear Fellow Expat, If nothing else, the hurricane gods have a sense of humor. I'd planned a trip to Baltimore this month… and now I'm in a pickle. Another storm is fast approaching the Florida Republic. I've bumped tomorrow's flight up from 7 PM to 10:15 AM. I hope I can beat the wind and that Southwest is okay with leaving their jets in what should be a Tropical Storm in Southwest Florida. But we remember Ian… And this new storm, Idalia, could tack east and come right back over Fort Myers, which still looks like a Hurricane hit last week - although that one hit last October. I'm reading Twitter or X or whatever it is again, which is a hazard to my mental health. There are plenty of partisans laughing at our state. When everything is politics, people turn into monsters. This will likely be another reason for the U.S. government to spend $50 trillion on climate technology. As you know, the solution to everything is money, even though the cleanest way to address anything is to focus on adaptation. Politicians will say that the latest hurricanes are the costliest ever. But such statements ignore two truths. First, the U.S. dollar's value is falling, which drives up the cost of repair and aid on a nominal level. Second, the damage is large because we have more people living closer to the water than ever. The decision to build heaping piles of multimillion-dollar homes on what are fundamentally barrier islands. Well, certainly, a decade of low interest rates helped fuel that habit. And it's always interesting banks are so worried about the climate that they're still handing out 30-year loans on houses they'd be on the hook for if the state does ever find itself 10 feet underwater like John Kerry keeps suggesting. But "shut up," they said. We can't discuss these things… There I go again. The markets this week are at least as interesting as the weather, if not more. Here's what I mean…[Click here to continue reading this postcard...]( Stay positive, Garrett {NAME} P.S. Big News from Chris Johnson: Your Gateway to AI Stock Success! Get ready for a [game-changing strategy]( that lets you dive into top AI stocks like Nvidia, Microsoft, and Google without the hefty price tags. Imagine owning Nvidia shares at just $99 instead of the usual $487 or grabbing Google shares for only $16 instead of $127. With the AI industry projected to skyrocket from $208 billion in 2023 to a staggering $15.7 trillion by 2030—750% growth in seven years—Chris's approach is your key. In the first half of 2023 alone, a handful of AI companies gained $4.3 trillion, more than Germany's GDP. Chris's strategy empowers YOU to secure positions in leading AI companies with per-share discounts up to 89%. Intrigued? [Click here for Chris's presentation and step into the AI stock investment world!](     PREMIUM CONTENT The adage "there's always money in the midstream" gains fresh meaning as Energy Transfer (ET) embarks on a substantial $7.1 billion acquisition of Crestwood, a rival master limited partnership. This strategic step underscores ET's ambition for a dominant role as the Crestwood deal expands ET's influence and operational reach. But, before you buy, check out my full analysis below. [Sneak A Peek Inside the Trading Room](     REPORTS [The Momentum Handbook]( [The Secret to Huge Value Investing Profits]( [Twitter]( [Youtube]( [Instagram]( [Tiktok]( [Discord]( [LinkedIn]( You are receiving this e-mail at {EMAIL}, as part of your subscription to Postcards. To remove your email from this list: [unsubscribe here]( Please do not reply to this email as this address is not monitored. 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