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Good Morning BULLS-

Today is the 1st trading day of the last month of the year. What a month November was huh? Lets take an inventory of where we are at and what happened last week.

Jay Powell Added to risk off sentiment- discussing bond taper coming sooner? VERY SURPRISING HAWKISH COMMENTS- (TELLING THE KIDS WE HAVE 5 more minutes to leave the party) First last call!

News of Omicron Variant- Lowering risk appetites- Material drop in the efficacy of the Moderna vaccine. I this again confirms my bullish bet on BIOTECH and $LABU. These are innovations we need and besides that the charts are SEXY AF.

100 days for new vaccine for omicron variant- Pfizer CEO. Is this a reason for the markets to be upset, and portfolios to shift and sell or is this legit? I’m not sure, but for my BULLS in the professional portfolios there is no reason to stay and find out.

$LABU Trade- Surprisingly I still Trust this Trade. I usually don’t like holding this close to options expiration but I think it cashes.

Few more thoughts…

Just 2 weeks ago we were talking about Crude at 100. 

COVID concerns were all but over.

Inflation was Transitory!!!!!!

How quickly these things all change!

I am actually very bullish on the move south in CRUDE as it is opening opportunity for buying since we dodged the bullet when volatility picked up. Be on the look out for the WEED STOCK watchlist coming out later this week and as always, LFG BULLS!