Today we saw a late day ripper led by all of the right stocks and I found it to be extremely conducive with potential continuation on Monday. It was looking very dicey early going and we placed ~10% hedges on to protect against a flushout. I want to emphasize how close I felt we were...Read More

Lots to touch upon. One thing I want to highlight is the fact that every time markets are up and look good, Trump appears on the teevee to remind us of his favorite word in the dictionary: ‘tariff.’ It turns out, we are in the crossfire of a campaign that is designed to decimate investor...Read More

In light of recent market volatility, I have been actively trading inverse ETFs in order to hedge. About 53 of you do not have margin agreements on file, which makes it difficult to trade without restrictions being placed. If you wouldn’t mind, please access your Schwab accounts and submit one. If you need assistance, email...Read More

Believe it or not, the stock is little changed. The options market had indicated a 10% move in either direction. Lo and behold, we landed on green — everyone loses.NVIDIA beats by $0.04, beats on revs; guides Q1 revs above consensus (131.28 +4.65)Reports Q4 (Jan) earnings of $0.89 per share, excluding non-recurring items, $0.04 better than the FactSet Consensus of...Read More

The market continues to shake out excess froth and now stands at a critical crossroads. As we discussed on Friday, the S&P 500 ($SPY) appeared poised to lose the 50-day moving average, raising concerns about further downside. Today, the 100-day moving average, sitting not far below, provided support. The key question now—will it hold, or...Read More