Welcome back to my weekly letter and I want to kick off by thanking all of you who shared last weeks letter and charts.
I had a decent uptick in new subscribers which means a lot, so I hope the ideas served you well.
In this weeks letter I’m going to do something a little different because I think many of you have the assumption that I’m the “chart guy” and you perhaps don’t realise I like to dig into the 13F Filings for some of the big hitters on Wall Street.
It’s quite a time consuming exercise, but oftentimes you can find some real diamonds in the rough and in this weeks letter I’m going to keep it simple and bat a few trade ideas at you using a combination of Druckemiller’s fundamentals and my own technical approach.
S&P500 Seasonality Chart
The market is breaking out across the board, which is making a mockery of S&P Seasonality (so far) with a +5.4% rip higher.
In that environment, I find it easier to find stocks to buy rather than stocks to bet against.
If you subscribe beyond the paywall, I’ve got a bunch of great charts prepped.
Keep reading with a 7-day free trial
Subscribe to The Weekly Grind to keep reading this post and get 7 days of free access to the full post archives.