The market’s been pricing in peace about 148 times in the last 60 days, gamma squeezes in names like Micron are working off the hangover, and inflation data is coming Friday that nobody seems to want to talk about yet.
Meanwhile, I went on the Schwab Network this morning and walked through three defined-risk spreads I’m working right now, including one where I’m betting against a brand most people would never short.
Here’s what’s inside the segment:
→ Why I think a pharma giant’s about to squeeze through $1,100 on a phase-three drug result the retail crowd hasn’t fully grasped yet.
→ The bearish position I’m taking against one of the most prestigious brands in the world after a product reveal so bad even the company’s own former chairman said to “pull the pony off the front of the car.”
→ The big box retailer outperforming the market this year that I think gets hit hard by margin compression once the inflation data lands.
→ Why I think the rotation we’re watching right now out of tech and back into beaten-down names is telling you something specific about where we are in the cycle, and what most traders are missing about it.
→ PLUS the one phrase I used on air that explains why this market has felt off for weeks, and why nobody on the desk had a comeback for it.
To your success,
Don Kaufman
