QQQNasdaqBullishNasdaqNVDANVIDIANeutralNVIDIA

Today on

Coming up on @thestreetpro A Most Understandable Market Rally * "First level thinking is questioning the market's three day advance since Friday but second level thinking is capitalizing on the rally by growing more bullish and buying equities * I added further to my longs in Monday's market drawdown... "I don’t want to bury the lede: I am returning to the land of the living, as on Thursday I pivoted and have begun to accumulate selected equities, as I said at the time." -Kass Diary ("No Longer A Cassandra") -November 9 Into the teeth of the market's schmeissing I reversed my long held ursine market view - just as the market was about to close last Thursday (with a near five percent decline).In a column Thursday afternoon  and, again in a follow-up on Monday I outlined  the reasons for my reversal of view. Yesterday, despite a hot inflation number (for the third straight month), equities rallied sharply from the morning lows following the release of the CPI.  And this morning (525AM), S&P futures are +55 handles and Nasdaq futures are +460 handles. In this morning's opening missive I wanted to briefly summarize why, in the midst of the scurrilous Nvidia tabloid scandal, questions about the sustainability of the AI capital spending spree, still sticky and persistent inflation (leading to a likely more accelerated hike in rates by the Fed) and the reported closures and liquidations/deleverging of some high profile hedge funds that specialize in technology - market breadth is improving and stocks are beginning to rally impressively. It is my view that there are several bonafide reasons for this rally that on the surface may seem  quizzical and puzzling. - but  are actually understandable. In Monday's "Why I Am No Longer a Cassandra" column I pointed out the following that explained my (somewhat) new found optimism  - as contrasted to my previously held pessimism:.... More on @thestreetpro @andrewrsorkin @beckyquick @squawkbox @carlquintanilla @saraeisen @HalftimeReport @TheJudgeCNBC @SullyCNBC @guyadami @tomkeene @ferrotv @lisaabramowicz1 @annmarie @business @convertbond @peterboockvar @LanceRoberts @WhitneyTilson @CNBCFastMoney

NVDANVIDIANeutralNVIDIA

Today on

read my 274 columns on the street pro. entitled more tales from nvda. -the series is two years old and yesterday i wrote four more @thestreetpro people pushbacked and were critical of the frequency of my writings on Nvidia or you can listen to the pablum on the shows by talking heads who all say the same thing over and over and who have never modeled the company @TheJudgeCNBC @HalftimeReport @KeithMcCullough

NVDANVIDIANeutralNVIDIA

Today on

suppose, for example, Dan I took, as was the case, a negative view on Nvidia 12 months ago, and I ran a mutual fund whose benchmark was the S&P if I dramatically underweighted Nvidia relatively S&P, that would’ve been value added. In other words, as I mentioned, the market is nuanced and that’s why we provide commentary @DanGreenhaus

ADBEAdobeNeutralAdobeCLFCleveland-CliffsNeutralCleveland-CliffsCRMSalesforceNeutralSalesforceORCLOracleNeutralOracleMUMicron TechnologyBearishMicron TechnologyNVDANVIDIABearishNVIDIA

Today on

No pushback on Fin TV from: * The most heavily owned stock of the entire parade of panelists - $NVDA (a dog was named for the company). Yes, its a dog with fleas (h/t the movie Wall Street). * Hosts get too close to managements of Salesforce $CRM and $NVDA - favoring access over viewers' financial well being. (I have written 274 columns in a series on @thestreetpro "More Tales From Nvidia".) * The panelists (and the strategist appearing daily in the afternoons) who were highly confident in the memory and chip stocks outlook. How can Farmer Jim (and the others) not be asked about $MU after all the other investment boners (like $ADBE $ORCL $CLF Paramount, etc)? "The wise does in the beginning what the fool does at the end." - Warren Buffett It is clear that no one takes ownership, the network doesn't timestamp panelists' recommendations and there is rarely (if ever) pushback by the shows' moderators. After all this it is clear nothing will change - not the formulaic programing and not the guests (get used to @fundstat defending ethereum/bitcoin and the markets daily, soon followed by @DivesTech. It appears there will never be contrary discussion, discourse and debate. The foul stench of "group stink" is pervasive. As Grandma used to say, "Dougie, its a big fat waste of time." @TheJudgeCNBC @HalftimeReport @KeithMcCullough @HedgeyeDJ

MUMicron TechnologyNeutralMicron Technology

Yesterday on

Bank of American removes Micron $MU and others from their top stock pics.... What does Farmer Jim (who confidently bought $MU from $1100 to $725 (in a period of a few weeks!) know that Bankamerica knows? "What the wise do in the beginning, fools do in the end," - Warren Buffett When in the public arena and making public investment recommendations -- explanations should be given with regard to very poor decisions. As such, I dont view this tweet as ad hominem. It is reasonable to ask for an answer and response. There is nothing wrong about being wrong - as long as one take ownership and doesn't bullshit in an explanation for the mistake. If Farmer Jim or anyone on @CNBC disagrees with me please speak up. As for me I am often wrong and always in doubt. I deliver my ideas in real time @thestreetpro and take ownership for my lowers and try to explain when and why I err. @jlebenthal @HalftimeReport @KeithMcCullough @HedgeyeDJ @andrewrsorkin @tomkeene @squawk @HalftimeReport @TheJudgeCNBC