Global Value Hunter

For all the hype about #semi capex, the semi cap equipment names have been acting blah for 9 months at this point. Looks like forward estimates are beginning to roll. Guess time will tell $AMAT $LRCX $ASML

@dalibali2 ugly candle off the 100d

Now that’s a chart I remember better

you can feel the tension in people's books/positioning

Rotation and all...but interesting to see some of the trading action in housing related things in the context of rates which i hear are up alot

Equity ppl going on and on about yields...

@negligible_cap SOX least OB since gap up on 4/8

Momentum is getting smoked the last 2 days. Per GS: “Following Friday's selloff, Momentum is having its worst two-day selloff since 2022, posting back-to-back 5%+ unwinds (also first time since 2022) as Past Losers are outperforming while Winners are selling off. This momentum drawdown is causing collateral damage to the AI trade with our AI Pair (GSPUARTI) posting its worst day since Deepseek Monday and approaching similar magnitude on a 2-day basis. Unlike prior episodes, the AI fundamental narrative remains intact with near-term catalysts (GOOGL I/O, NVDA earnings). However, stretched positioning and the strong run in AI have heightened sensitivity to an unwind. While the long leg could see a near-term bounce on dip buying, elevated positioning (81st percentile 1yr / 96th percentile 5yr), high factor volatility, and weak breadth leave room for further downside. We noted on Thursday that during all previous momentum drawdowns of more than 5%, the short leg outperforms the market and we continue to like buying the losers as a way to manage momentum unwind risk.”

Why are oil and oil related stocks going up yet other names/themes that worked in the early phases of Hormuz closure not re exerting? Pet chems, ferts etc

Staples de rate...

Said pricing (+25%) drives material profitability. stock follows

this is an interesting one. changing pricing --> revenues and profits up. ++ revisions. Weak stock

Recruit $6098.JP

@KekoaCap @neilksethi You only run 10x?

@stockjock84 @neilksethi Running 10x leverage a 2% drawdown is really painful!

Despite the down session, SPX on track for its 7th straight weekly gain (it needs to finish better than -1.37%). That would be the longest winning streak since the week ending Dec 29, 2023, when the market rose for nine straight weeks.

Bring back Merger Mondays

People seem super concerned about bonds again. underlying economy that drives SPX earnings cycle seems to be accelerating/firing on all cylinders. More so than last few times yields were in this range. Maybe they’re going to throw a wrench in it all or nominal GDP ++

vs its sector

$ABI.BB has been executing well and finally starting to get appreciated

Mitsubishi Heavy -- stock has stopped going up $7011.JP

$AZO

$ISRG

$BKNG touching 200w MA

Big upward revision to industrial production (from -0.5 to -0.3) coupled with a strong beat this month -- +0.7 vs est +0.3