Market Review, Structure Update & Weekly Trades
Another thank you, my read on the market, and executable trades for the week.
Hello everyone,
I’m closing the Founding Member promotion after 147 of you chose to trust me for the months ahead. I thought 50 would be a successful launch, but we are once again in the #10 best sellers… This is way above anything I’d hoped. The best way to express my gratitude is to work twice as hard at making it worth your investment, so I will. My goal isn’t to simply share trades with entries and exits, but to improve the way we think about the markets, build investing systems that work for us, learn to make money by ourselves.
We’re here to learn together.
A few words on the structure moving forward. Nothing changes for free and premium subscribers. The first keeps access to the macro and fundamental/narrative portion of each write-up; premium keeps access to all current formats, including the detailed investment strategies and targets.
Founding Members have access to the chat where I share comments and alerts on swing/core positions, to my buying list updated and shared every weekend. They now also get dedicated write-ups for the swing plays, which used to be in the chat but were impractical. And I’m working on giving Founding Members daily access to my screener data through a website, so they can run their own research on the same base I do. Not ready to share it yet, but it’s coming.
I’ll use this write-up to quickly share my view, which is fairly positive. The S&P 500 and Nasdaq both bounced perfectly on their D50 - key medium-term trend, and reclaimed their D21 during the week, on volume. Buyers stepped up big, and we apparently keep buying the dip regardless of macro. Infinite optimism.
Still, I’d remain cautious. This week is K. Warsh’s first FOMC, and we know inflation is back, confirmed by the latest CPI and PPI prints. The market is pricing no hike, which seems right: inflation comes from softening past tariffs and oil pressure that looks close to resolution; though I’ll believe that when traffic is fully restored through the Strait, not before. The keynote will matter.
So caution, volatility should be strong but could go both ways. The U.S. market and the AI trade remain the best place for returns and therefore the best place for spare cash. That’s why it’s been ripping for so long. Don’t call the bubble until we have clear signs of it, and no, one highly anticipated IPO isn’t it. Not yet.
Now, the Founding Member swing plans.