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Updated charts from 2 weeks ago.
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Updated charts from 2 weeks ago.

Real alpha

GMG Research
Jun 6
1
Share this post
Updated charts from 2 weeks ago.
gmgresearch.substack.com

Whether you like it or not, US equity markets are starting to carve out a bottom. Wealth destruction has been intense in this millennial margin call slowing demand for basically everything in sight. Stay patient.

Two weeks ago in our newsletter “Real Alpha”:

  • Remember, most “investors” are sheep and regurgitate the news like birds. Investors are extremely bearish and pricing in the worst without even thinking for themselves. It is good to lean against the fear and use this as an opportunity.

  • It is important to note China’s central bank made an unexpected rate cut last week (bullish KWEB). Story Here

  • This week we like: China (KWEB), Sugar (CANE), Advanced Micro Devices (AMD).

  • VIX vs Gold/Oil is pointing to a lower VIX or a rip your face rally in gold. We bet a lower VIX for this mean reversion setup.

Here is our chart for chart update. Enjoy the alpha.

We said S&P 4000 when it was at 3800.

“S&P 500: The % of stocks above their 50ma is still flashing for a bottom.” Too Easy.

“China (KWEB): Right here, right now. Stop loss at $23.25” Up 20% in 2 weeks.

AMD over $100

CANE: Sugar will continue to outperform. Potential trade.

VIX Lower: Study this. Reach out with any questions.

Return always wants its risk payment. NOT Investment Advice.

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Updated charts from 2 weeks ago.
gmgresearch.substack.com
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