The Woke Street Journal
We are ringing the closing bell on the CBOE on 5/23 for the Brendan Wood Top Gun ETF (BWTG) in Chicago. Cocktail reception to follow. If you are going to be in Chicago and would like to come let me know.
Market
Market continues to move higher on low volume and no catalysts. The S&P is now firmly back above the 50 day and you would expect a retest of the highs. So watch 5265.
Woke Companies
Behind a pay wall, but I get the gist. Companies should be focusing on profits, not politics. We will have an ETF for that soon. Corporate America is Going Un-Woke-Business Insider
Billionaire tech CEO calls wokeness the 'central risk' to America-Fox Business
Planet Fitness is raising prices even as it warns customers are growing cost-conscious-CNBC.com
Big jump yesterday, but failed at the March high. Could be shortable here with either the March high ($67.71) or yesterday’s high ($68.07) as stops
Target to reportedly cut LGBTQ Pride month products from some stores after backlash-CNBC.com
Looks shortable if it can’t break back above the 50 day.
Is Netflix Trying to "UN-WOKE" itself after Losing Subscribers?-Blaze TV
Filled the gap. Could be a short if it breaks below the 50 day.
DEI
Bill Ackman Scolded Over DEI Views at Closed-Door Milken Session-Bloomberg
For about an hour, Ackman was criticized for his public denunciation of DEI and for expressing views that participants said were detrimental to the progress of women and people of color in America. The money manager, who has labeled DEI “inherently a racist and illegal movement,” faced backlash from both panelists and audience members, the attendees said, asking not to be identified as the session was private. The discussions were part of an event on DEI at the Milken Institute Global Conference on Monday.
Things That Get Blamed For Climate Change
Gavin Newsom is coming for your car, and he wants you to know it-Politico
Newsom’s moves to promote electric vehicles and renewable energy while phasing out gas-powered cars, trying to recoup climate-related damages from oil giants and going after refiners’ profits have won strong support in California, but his efforts face a reliable line of attack from the industry and Republicans who say it’s all too expensive.
On Tuesday, the House passed the 'Hands Off Our Home Appliances Act,' 212 - 195, splitting largely on party lines. It is among the many appliance-related bills the GOP has planned for this Congress.
The bill's passage is a direct rebuke to the Biden administration's attempt to restrict gas-powered stoves and other appliances in homes across America, and other green initiatives.
Trump Promises To Eliminate Biden’s ‘Ridiculous’ Climate Mandates In Meeting With Oil Execs-Daily Wire
Former President Donald Trump reportedly urged a group of oil executives to back his presidential campaign so he could get to the White House and reverse Biden administration policies curbing energy production during a meeting at Mar-a-Lago last month.
What do Jews have to do with climate change?
Border
Good luck, starts at the top. House Democrats’ Surprise Campaign Play: Embracing Border Security-WSJ
The party now argues that Democrats in competitive races can run on fixing the border, while painting Republicans as obstructionists for rejecting the Senate’s bipartisan border deal, according to a memo from House Democrats’ campaign arm.
Politics
Was he lying, or he just didn’t know?
This aged well, looks like what Biden just did to Israel is the same thing….
South Carolina Sen. Lindsey Graham on Thursday rolled out a measure condemning the Administration’s decision to halt weapons deliveries to Israel. All Senate Republicans joined the measure except for Rand Paul of Kentucky.
Covid
Chris Cuomo has been in the news recently after he admitted he has long Covid (originally it was reported as a vaccine injury but he clarified on PBD that he isn’t sure what it is but thinks it’s long Covid). Him and CNN were obviously some of the biggest chearleader’s of the vaccines, lockdowns, and masks. He refused to apologize, and you can’t really blame him for that. He also said they had no basis to know that what they were telling people was false. Maybe, but when Pfizer is one of your biggest advertisers one could doubt that assertion.
@ginacarano
It does matter that @joerogan was raising questions and took the heat, trending every other day, being mocked by people like you and the organization you worked for. He was threatened and pressured by the higher ups and mob to be cancelled, it could have cost him everything. He was doing the job you should have been doing. Now you’re still making excuses for these people. You mean to tell me Dr. Fauci, the FDA and medical community just didn’t know about the 2015 Noble Prize winning drug Ivermectin. You were just given wrong information right, ignoring and supporting the censorship of part of the legitimate medical community who were pushing back? You say people were just resisting the government OR, had they seen and been vaccine injured and were asking legitimate questions, critically thinking like @RobertKennedyJr has been doing for years. You were a part of one the most powerful news organizations in the world and you bullied and shamed the genuine questions from the public that you were supposed to be offering unbiased news to. Instead, you all called them “anti vaxxers” and “alt right extremists”. Don’t try and change the story now. Show some humility. People weren’t allowed to sit next to their loved ones as they died because of the propaganda you spread! This phase in major news media history will go down as one of the most embarrassing, destructive moments that cost people’s lives and careers, broke up families and destroyed our economy. You don’t look like a hero now, you look arrogant with no idea how deep this goes for the people this destroyed. The message below from @ChrisCuomo instagrams direct message to me Feb 11, 2021. I was fired, shamed and cancelled Feb 10, 2021. Question. Gina Carano here, would you like a chance to clarify where your head and heart are before you get defined permanently by others. ???
Meanwhile…
The views and opinions expressed herein are those of the Chief Executive Officer and Portfolio Manager for Tuttle Capital Management (TCM) and are subject to change without notice. The data and information provided is derived from sources deemed to be reliable but we cannot guarantee its accuracy. Investing in securities is subject to risk including the possible loss of principal. Trade notifications are for informational purposes only. TCM offers fully transparent ETFs and provides trade information for all actively managed ETFs. TCM's statements are not an endorsement of any company or a recommendation to buy, sell or hold any security. Trade notification files are not provided until full trade execution at the end of a trading day. The time stamp of the email is the time of file upload and not necessarily the exact time of the trades.
TCM is not a commodity trading advisor and content provided regarding commodity interests is for informational purposes only and should not be construed as a recommendation. Investment recommendations for any securities or product may be made only after a comprehensive suitability review of the investor’s financial situation.
© 2024 Tuttle Capital Management, LLC (TCM). TCM is a SEC-Registered Investment Adviser. All rights reserved.
