The Bears Are Hunting
Is the market in trouble, or is this just a speedbump?
There’s a lot of noise out there.
And when there’s noise, that can bring volatility and uncertainty.
But does that mean it’s time to sound the alarm and panic? There seems to be some of that out there with the S&P 500 down 1.5% from all time highs…
I want to quickly mention that almost two weeks back I posted an article on what I believe is the next big AI trade here.
It’s working well and starting to take off but in no way do I think it’s done yet.
I own two of the stocks mentioned but I think there’s plenty of gas left in the tank. Almost nobody is talking about this, still… you want to be early to these trades!
This trade feels similar to when I highlighted CPUs here and spotlighted:
AMD @ $200
INTC @ $45
ARM @ $140
If you’re not already in the subscriber chat, I strongly suggest paying attention to it.
This is where I post all of my new trades as I enter them. I walk through the trade idea entirely including my thesis, risk level, cost basis, and more.
The subscriber chat is also where I post a daily thread with my thoughts on the day ahead, relevant headlines and macro events, my main focus names, notable upgrades and downgrades, and anything else I’m watching.
It’s basically become a live market group chat. We have a ton of smart people sharing ideas, setups, headlines, and observations throughout the day, and there’s a lot of genuine alpha in there.
I honestly believe it might be one of the most (if not the most active) subscriber chats on Substack.
Come join us!
In the remainder of this article, I’m going to discuss:
The bear case
Whether I believe it
My plan
The catalysts I believe will tell us where the market goes from here
And more.
There’s a number of things on the near term horizon that will likely determine the medium term direction of the market from here.
Now, I’m going to keep this article brief but important…