Most tech CEOs are sociopaths, and I stumbled upon a company today called Domo which is led by one Josh James, pictured here. This is seriously what he looks like.
Five is a Ten
One of my most successful short sale positions recently is Five Below Inc (FIVE). My only task is to tighten up the stop-loss order each day.
Porter Picks
As a follow-up to my very brief review of the End of America book, here are the specific ticker symbols mentioned therein for a long-term bullish portfolio.
Bob and Weave
Coreweave (CRWV) is at the center of the whole hyperscaling build-out, and as such, it has the potential to completely burn to the ground. I’d be tempted to short this based on its rounded top, but there’s a reason I’m not touching it: because all three instances of such a pattern led to either nothing more than brief downturn or, for the largest one, absolutely nothing.
My reluctance to take a position probably guarantees this thing will finally enter the collapse it so richly deserves.
Just Die Already
It’s been an odd morning. I came into the day totally short (obviously) and the market was raging higher. I was down, but not by much. Then my portfolio started strengthening steadfastly, even with the market continuing to thrust higher, and once the /ES fell out of bed, my portfolio absolutely skyrocketed in value.
We’ve erased almost the entire drop as of this moment (and the goddamned /ES and /NQ are both up over half a percent again) but this behavior of my own portfolio is that it is able to defy even the harebrained buying going on right now. Still, it would be nice if a plunge would actually not get undone!
