Hey Everyone, Before giving a quick update - let me just say that I'm seeing unprecedented valuations in my high conviction names, and am considering a "bottom fishing" webinar showing when we last saw markdowns like this back in January 2018. The last time this happened in 2018, I did not load up on my high conviction bets like Twilio and Okta. I'm leaning towards us … [Read more...] about Weekly Update – January 7th, 2022
Weekly Update – December 31st, 2021
Happy New Year everyone - I hope you had a great week, let's get into it. Portfolio & Market Updates My portfolio was down 5.4% this week, which was once again well below the S&P 500 (+0.9%), and Nasdaq 100 (+0.1%). Even more disappointing was how 2021 finished, down 73% for the year. This is while the S&P 500 and Nasdaq 100 were both up 27%. These … [Read more...] about Weekly Update – December 31st, 2021
DTO Webinar: December 27th, 2021
In this webinar I discuss the long term trends of the market, portfolio themes like Ark, and then show how many of my high conviction names might be mirroring Ark's trend. As I said before teeing this up, the immediate future looks either really good, or really bad. I explain why, and hope this helps you as you position your portfolio over the next several months. … [Read more...] about DTO Webinar: December 27th, 2021
Weekly Update – December 24th, 2021
Hey Everyone, Before getting started, I'm hosting a webinar on Monday, December 27th, at 10am PST. During this, I'll talk through the longer term trends I'm observing in the market, and then with specific companies. Bottom line is that the immediate future looks very good, or very bad, which is why you see me aggressively buying and then selling. More to come Monday, … [Read more...] about Weekly Update – December 24th, 2021
Weekly Update – December 17th, 2021
Hey Everyone, Given how cautious I have been over the past two weeks, let's quickly review the weekly chart for small caps $IWM. I said last week "let's see how small caps move next week," and as you can see, they still haven't decided whether or not they're breaking down. Interestingly, though, buyers stepped in and closed $IWM right at this floor. You can see why … [Read more...] about Weekly Update – December 17th, 2021