It’s nearly impossible to trade this slop the way markets are fixed now. On one hand, we understand things are oversold. On the other, Trump literally tape bombs us daily with new tariff threats. This has become a great menace to markets and I am sure it won’t always be like this — but it’s...Read More

Some interesting data here. Note the median # of days for drawdowns in excess of 9% is 49.5 days.The world is always ending, until stocks rip higher again. Usually, with these sort of events, you get a month or two lower — hard bounce on month 3. This isn’t always the case, but in many...Read More

Major flush-out in markets today, with the NASDAQ -3.8% and the SPY -2.6%. Luckily, we went to cash on many of our positions this morning, raising it to over 50%. We were also paired with the old man stocks and some SQQQ, which limited our losses to -1.26%. This isn’t a good day by any...Read More

I’ve read various reports, listened to numerous podcasts, and the overall consensus is uncertainty in regards to Trump’s policies and the economy. On one hand, we are oversold and “should bounce” and on the other is fear of pricing in a larger than expected economic decline. It’s also worth noting, put volume is at record...Read More

A great client of mine (you’re all equally great, some more equal than others) quizzed me about what ifs today, in regards to the market and recession. I’ve traded in several recessions, the first being the most caustic: 2000-2002. During that tape, I all but gave up on even thinking about growth stocks, but instead...Read More