Discount The Obvious

Hey everyone, I hope you had a great week, here's a quick recap of last week's plan: Equities were mostly negative, with the S&P 500 down (-1.0%) and Nasdaq 100 finishing just positive (+0.1%). The Dow fell much harder (-2.7%), and small caps fell the most (-3.1%) I wrote at the beginning of this month that October is seasonally poor during elections, and both … [Read more...] about Weekly Update – October 25th, 2024

Hey everyone, I hope you had a great week, here's a quick recap of last week's plan: Equities were once again positive, with the S&P 500 (+0.9%) and Nasdaq 100 (+0.3%). The "Trump Trade" May Not Be Obvious The Nasdaq 100 has been underperforming the S&P 500 for the past 6 weeks. Druckenmiller claimed investors were pricing in a Trump victory, noting how … [Read more...] about Weekly Update – October 18th, 2024

Hey everyone, I hope you had a great week, here's a quick recap of last week's plan: Equities had a good week, with the S&P 500 (+1.1%) and Nasdaq 100 (+1.2%). Thursday was the first day where more stocks made net lows than net highs. In other words, there hasn't been much of a drop so far. With that being said, we're only halfway through October, which I wrote … [Read more...] about Weekly Update – October 11th, 2024

Hey everyone, I hope you had a great week, here's a quick recap of last week's plan: Equities are negative as of Thursday (I'm flying Friday), the S&P 500 (-0.7%) and Nasdaq 100 (-1.1%). Thursday was the first day where more stocks made net lows than net highs. In other words, there hasn't been much of a drop so far. And that could explain why investors are … [Read more...] about Weekly Update – October 3rd, 2024

Hey everyone, I hope you had a great week, here's a quick recap of last week's plan: Equities finished the week positive again, with the S&P 500 (+0.6%) and Nasdaq 100 (+1.1%). Keeping up with our "growth underperforming" theme, though, the Nasdaq 100 is still not catching up. We also have some negative seasonality in front of us, as Twitter user … [Read more...] about Weekly Update – September 27th, 2024