One of my favorite BCW clients (wealthy) gave me his top ideas today and I have been researching one since then. I figured since we’re all fam here, might as well share it. Most of the time when I get really excited over an idea it works, with a marked exception to the bastards at...Read More

On news of a possible detente in the conflict, markets ripped higher and closed at the highs. If we weren’t tricked and fooled so many times into plans of peace for the past month, I would feel better about this. Nevertheless, I gratefully accept the +228bps win and look forward to more tomorrow. The SDS...Read More

Futures bumping a little here, ~+1%, after Trump said he might just walk away from the war. I am not sure how often markets will permit to be gaslit by promises of wars ending, but here we are again.Quick note on getting back to fully invested. With cash ~22% and a 4.5% SDS hedge, we...Read More

Early going markets looked like it wanted higher, but alas that was faded and risk sold off much greater than indices suggested. My high beta index shed 4%, now off by 12% in 3 sessions. We lost 107bps, mostly due to the high beta portion of the portfolio: semis, datacenter power etc. Valuation wise, markets...Read More

Not sure if you recall that list printed here back in November. That list printed. I will try to get us positioned in some beaten down names of high quality this week. Here is breakdown of some heavily discounted names month to date.Basic Materials:SCCO -25%AEM -23%USAS -43%NG -35%MT -23%Consumer Goods:UL -20%BUD -16%RACE -16%EL -38%CELH -37%Financials:RKT...Read More