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SPY COF another winner in COF calls.

PT 169

NVDA AAPL COF SPY cfo of Walmart echoed the sentiment that has me alarmed. The profile of their customer is now the high net worth suburban family. That means the former profile of Walmart shopper is at a food bank. After doing some research, food banks and entitlements are at full capacity and can not handle all demand. This is a fools rally and buy more puts going 90 days out. These jobs reports are misleading too.

META QQQ SPY COF I’m not sure why Home Depot is doing well when their earnings were less than optimistic. They echoed the same sentiment as everyone else this earnings season and that is the American consumer is in trouble. WMT is going to release tomorrow morning and they will inevitably give the same rhetoric we have heard from Amazon, Home Depot, Mets and others…. The American consumer is tapped and unsure. Re engage puts or stay in cash. Another drop is coming. Up like and escalator down like an elevator.

COF this stock is extremely over priced