As of today I have entered stop loss orders on all my US equities and a couple of Chinese stocks, but not CQQQ. Why? I have seen no evidence that America has changed course in its Foreign policy and I believe that is our only way out of the mess we are in. Also, the people making headlines with their foolish gambles that paid off, for the time being, are not people I respect. Also, there is the matter of the worst cyber attack since ours (remember the Iran nuclear melt down?) from Trump’s friend Putin. What are the chances that Putin will find a way for America to sidestep crashing networks throughout our military and industrial system?

So who will be the major beneficiary of our probable correction? The country who is eating our lunch economically. The country all others, except probably us, will be turning to for aid. The country whose people Pompeo and associates demonize and blame for every ill from inventing Chinese Flu to sending hoards of spy’s to America posing as students and scientists.

When I do return to the market it will be with a new investment framework that is AI driven.

Best wishes,

Frank Sortino