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Evolving Market Trends: Energy, Tech, and the Timing Game.
Our thesis has been playing out:
Energy & commodities have been leading this market, along with short bonds.
Higher for longer on rates.
The current environment remains favorable for pair traders. (Tech vs Energy)
A few names that were strong into the end of the week. (HD, AMD, XOM and CPNG)
Bitcoin spot ETF is most likely coming out soon. Long-term bullish
Just know, scheduled or mechanical re-balancing INCREASES RISK & DRAW-DOWN OF PORTFOLIOS. Do you own research. Timing is everything
QQQ is making progress off our range.
Yields might pause for now, giving energy the opportunity to close the gap.
Two weeks ago… “We are constructive on commodities reaching short-term relative highs”
“The same applies for XLE.”
Another way to look at it
Sugar: People will continue to be addicted to sodas and stress-eating.
Brent is strong and will continue higher.
The Quality factor is on off the charts.
Coupang! Steady higher.
Home Depot is making a distinctive breakout.
AMD is ready to participate in this AI/NVDA mania rally.
Every emotional “investor” in 2023.
Return always wants its risk payment. NOT INVESTMENT ADVICE. Only for entertainment.
Enjoy the alpha.