If you bought SMH on any given day over the past decade — the chances of you making money is 55% of the time, more or less in line with the overall market. Stocklabs is now overbought on its most long dated algo for SMH (historical). Here are the stats.All previous instances.Ten year backtest.Irrespective of...Read More

I’ll do a more comprehensive take this weekend, with full thoughts on market and actionable ideas. In short, we crushed +155bps for the session, +78bps better than SPY — right back to recourd highs. It’s also worth noting, due to recent outperformance, we are now beating SPY TTM, with gains in the range of +33.7%....Read More

We were beclowned today, beset with losses of 183bps and the SPY stole back all the hard work we achieved yesterday in terms of alpha — because of strength in mega cap tech and software. The rotation was prolific — out of semis and into software or anything which was lagging. The good news is,...Read More

I am happy to report well tidings and gains of the extraordinary nature. Reasons for these gains are immaterial at this time. But feel comfort in knowing they are in fact happening and you made ~+2.83% today, or +144bps better than SPY. Also know we are up ~14.5% YTD, or nearly 7% better than SPY...Read More

Goldman is throwing in the towel tonight, upgrading AMD.The stock finished up 16.5% in the AH’s. It’s notable that the CEO said the current ratio of 1:8 for cpu to GPUs can flip to parity, which is bullish for ARM, another position of ours. “In the past, the CPU-to-GPU ratio was primarily just as a host...Read More