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Popular Delusions and the Madness of Crowds

Popular Delusions and the Madness of Crowds

by Garrett Baldwin | Feb 2, 2023 | Market Commentary, Market Outlook, Stocks

Momentum went positive on January 6. And if you followed that signal and just bought the S&P 500, and you’d be up 7% right now.  Buy a broke stock trading at 10 times sales in Chargepoint (CHPT) and you’d be up 46.5%. Do you think this will end well for the people...
The Fed’s Biggest Fear Has Arrived

The Fed’s Biggest Fear Has Arrived

by Garrett Baldwin | Feb 2, 2023 | Market Commentary, Market Outlook

Yesterday’s market rally punched shorts incredibly hard in the face. It was such a decisive knockout that it will be hard for most of them to recover in 2023.  The AXS Short Innovation Daily ETF (SARK) – an inverse fund that bets against the stocks of Cathie Wood and...

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