Today on the show, we talk about the continued rotation OUT of U.S. Technology and Growth stocks. We continue to be short the Nasdaq and Tech, so we're thrilled about the selling.
Our bet is that things are about to get much worse for US Growth investors, so we're certainly hoping for that outcome. The harder they fall and the worse it gets, the better it is for our short positions.
Meanwhile, we continue to see relative strength in the Value sectors as well as in Crypto. That can change at any moment, so in this episode, we go over some key risk management levels, particularly for Ethereum, Cardano, and Monero.
It's Minor Leaguers week, where we scout the farm system for Small-caps between $1-2 Billion market cap looking for 30-100% gains in stocks. With the market currently under selling pressure, we're particularly focused on those showing the most relative strength. When the selling ultimately eases up, we expect the strongest ones to shine.
Lesson of the day is Do NOT pigeonhole yourself to being one specific type of investor. For example, I hear often that people consider themselves "Growth Investors." Is that because that's what you are? Or is it because you are unable to overcome your recency bias? My guess is that it's usually the latter.
Our bet is that, too, as we are short those names hoping the margin calls for those types of people really start to pile up.
If you're interested in these slides, please email [email protected] Password: "Growth Problem"