Founders Friday: Hartnett Early Look
What if chicken wings were priced like SuperBowl ad spots?
‘Price for Super Bowl LVII ad is $7,000,000 = 185x jump. If they could….chicken wings would now cost $43/lb 6-pack of beer would be $340, gallon of gasoline $61, avg US house price $4.2mn & S&P500 would be 16374.’
-Michael Hartnett
Good Afternoon
1- Hartnett Early Look and First Mark Up
Lots of insights on stock topping signs this week. We’re close but not there yet he contends
What if chicken wings went up in price like SuperBowl Ad spots?
His rationale for topping process before a selloff
His multiple quantified criteria for selling short stocks
Short Positioning started this rally, Long positioning will end it.
How to play China if it mirrors Japan in the 1990s