Poor Man's Intraday...

Intraday figure are improving - but there's a lot of rotation... and nothing's settled.

Good morning:

We’ve got a relatively neutral reading just doing the typical Poor Man’s analysis - looking at stocks up 5% on the week (upon the month) versus down on the month and down 5% on the week (then a little Beta analysis).

The more important news is that there’s been a sharp drop in selling on the Russell side, and the momentum of the breaking-down stocks is slowing. That’s good news, and it’s a signal that the markets are willing to wait out this process with tariffs. Basically, there is some panic (but we’re not at the levels of my concern).

I’ll let you guys in on a quick secret. I am proceeding with my current publisher on a few things - but there is a long-term play on the horizon that I really like…

So rather than wait, I don’t know - a few months - to unveil this and do the traditional tease, I’ll just tell you that it’s Iqvia Holdings (IQV). I’m very bullish on the Medical AI space, and given that I just went through this insane health scare - I have to highlight that w…