Editorial - All Aboard!

Folks, yesterday you witnessed a rare moment in Johnny's life. After being shaken out of the market, most people would be petrified right now. Not me. The market showed signs of life in the after hours last night, and I waited for weakness in specific financial and retail stocks before reloading: lock, stock and barrel. I scooped them up with great vigor.

Keep this in mind. There are billions and billions of dollars sitting out on the sidelines, waiting for 30% declines to try to re-live the glory days of the past two months. If we get a 10% pullback, that will be a godsend to those folks. Eventually, they won't be able to take it anymore and will pile into the market as we go into summer. This "green shoot" overrides everything else.

That's what I briefly forgot yesterday.

Folks, this is Johnny Newsmaker signing off. We now return you to your regularly scheduled programming… "Jenga: Hedge Fund Version" only on Ranting-TV…