Intel (INTC) is at all-time highs afterhours. September 2025. INTC broke $26 and the Flow Score triggered a buy on a name nobody wanted. We opened the first position.. targeted the January 2026 contracts.. and we've been in the trade continuously ever since. Not a new call. Not a fresh trade. A continuous position held through one of the most hated stocks on the tape. Seventeen days ago I wrote a piece called They Bought The Tech Sector Last Week. I showed you the data. Seven tech names in...
9 days ago • 2 min read
EEM is up 13.6% year to date. SPY is up 1.7%. Let that sit for a second. The thing nobody wanted to own.. the thing that underperformed for a decade.. the thing your advisor told you to ignore.. is lapping the S&P 500 by nearly 12 percentage points this year. And the gap is accelerating. Not AI. Not mega-cap tech. Not the Magnificent 7. Emerging markets. Here's why this matters.. Two months ago I wrote a piece called Smart Money Is Diversifying Outside of the USA. In it, I showed the EEM/SPY...
18 days ago • 3 min read
Six days ago I wrote that everyone was talking about the Strait of Hormuz while capital was quietly rotating into tech. That was before SMH closed at all-time highs. Brent crude nearly hit $128 a barrel on April 2nd. The Strait is effectively closed. An estimated 7.5 million barrels per day of production were shut in during March.. expected to climb above 9 million in April. Oil is averaging over $100 for the first time since 2022. Every headline is about war. About oil. About supply chains...
20 days ago • 2 min read
Software stocks have lost more than 35% since last October. Most people see that and think: tech correction. AI hype cooling off. Normal rotation. It's not normal. And it's not just a stock market story. What's happening in software right now is the first link in a chain that runs through private credit, into the banking system, and straight into the sector that just gained 2.5% this week while 82 of its stocks are quietly falling apart. That sector is Financials. And the chain is the most...
21 days ago • 5 min read
Thirty days ago I wrote about buying Petrobras. Three capital flow themes converging on a single name.. energy, emerging markets, and Brazil. The Flow Score confirmed it. Institutions were accumulating into decade highs. If you missed that piece, here it is: Buying A Brazilian Energy Giant Our PBR trade hit over 100% over the last 30 days. We sold half. The other half is still running. Risk free. House money riding a trend that hasn't broken. When you can lock in a double and keep the rest of...
23 days ago • 2 min read
DBC is up 30% year to date. Let that sit for a second. The Invesco DB Commodity Index is up 30% in a little over three months. Against the S&P 500, it is up 35%. And most people I talk to think the trade is done. They think this is the top. They think commodities have run too far too fast. They want to fade it and rotate back into tech. I think they are wrong. Two months ago I wrote about DBC hitting 3 year highs. The thesis was simple.. broad commodity strength leads, individual names...
25 days ago • 2 min read
Six of the top ten names in my scoring system on Friday were tech stocks. Not energy. Tech. Let that sit for a second. Last Wednesday I wrote about how EQRR was really an energy bet in disguise. On Tuesday it was about how no bull market survives without banks stepping up. Both of those pieces came from the same place.. following where the money actually goes. And on Friday, the money went to tech. Our Flow Score picked up seven hits in the top 20 names in our universe. SATL: 83. SNX: 83. PL:...
26 days ago • 2 min read
Nine days ago I showed you an ETF called EQRR. Equities for Rising Rates. 51 stocks. Nobody was talking about it. A lot of you wrote back asking about it. A few asked a smarter question.. "What's actually working inside it?" So I did something I've never done publicly before. I ran the Flow Score on every single stock inside EQRR. All 51 holdings. Scored them the same way we score everything.. Capital Flow, Trend, Momentum. 0 to 100. The answer changes how you should think about the rising...
29 days ago • 2 min read
XLF lost nearly 10% in Q1. The S&P lost 4.4%. Financials didn't just underperform.. they underperformed by 2 to 1. The worst relative quarter for banks since 2022. That's not a pullback. That's the market telling you something about the engine room. Every sustained bull market over the last 30 years has had one thing in common.. banks were leading higher. Not tech. Not AI. Not the flavor of the month. Banks. The institutions that create credit, move capital, and underwrite the deals that make...
about 1 month ago • 3 min read