The Tennis Buddy Indicator (TBI) Flashes Red
The men lacing up for tennis this morning were practically flehmening as I approached — ready to sniff out what I knew about the market sell-off yesterday. “I got stopped out of my Amazon position yesterday,” one decried. As you may know, I play tennis with a group of guys several times a week. We’re all roughly in the same stage of life: financially secure, but worried about the government, the economy and the stock market in particular. Since they know I’m in financial publishing, they often pepper me with market questions — especially when big movements are afoot.