If it weren’t for the fact the Iran war issues isn’t resolved and oil giga spiked higher, I’d argue today was a fine consolidation day, all things considered.Big strength in oils, software and the hyperscalers, whilst the AI vendors, especially photonics, got the rope.Healthcare, gold up, semis and retail down. Not much to peer into...Read More

Sorry this needs to be brief as I have an appointment at 4:15pm.Big melt up week, today highlighted by SAAS. Rumor that the “Summer of SAAS” had ended was gravely exaggerated. We made more than 2% for the week, lagging a bit off the general indices. I made strides to fix that over the last...Read More

Good Day —Lone Pine LLC got worked for -28% last month thanks to their collection of high beta gambits, positions in VST, ASML, CRS, LPLA, APP, TLN, TER, CVNA, and GLW — just to name a few. To pair their gas they went ahead and hedged it by way of SHORTING SAAS stocks! After all,...Read More

Some stocks I sell after earnings, some I buy, others I do nothing and hold. Out of all of the stocks in the market — AMD is one of my favorites long term. They are King Slayers and the only company who can compete with both INTC and NVDA. This used to be our largest...Read More

Monster moves in markets today across all asset classes. The SPY, RSP, XLK, IWM, DIA are all at new highs, with the Qs off by 3.25%. The recent move in markets have been dramatic, +10% in the past 4 sessions for the NASDAQ, with high beta +11% in the past two days. I took this...Read More