Tension Builds

Posted on Sunday, April 22nd, 2018

We hope that you enjoyed reading our quarterly letter last week. We got some great feedback from people we admire in the industry and we hope that you found it useful as well. If you haven’t read it yet we would encourage you to. Here is the link to our quarterly letter. 2018 is going… read more.

Blackthorn Quarterly Letter April 2018

Posted on Sunday, April 15th, 2018

 Roaring For some time we have been warning about a melt up in the markets. The stage had been set for asset prices to roar higher. Well, 2018 came roaring in like a lion with, what appears to be, the late stages of a market melt up.  At its zenith the S&P 500 was up… read more.

Trapdoor

Posted on Monday, April 9th, 2018

The bears won last week as any and all moves by the bulls were rebuffed. The bounces that are coming are of the bear market variety. They are large bounces on light volume as buy interest wanes. The gaps continue to remain unfilled at 2850 and 2700. The bear case is being validated. The 200… read more.