Republic Risk: Low Volumes Ahead of Turkey Day

Welcome to Maryland and to the hottest home in terms of evening temperature East of the Potomac River. Let's dig into insider buying, momentum, and more.

Equity Index Strength Is GREEN on the S&P 500 and GREEN on the Russell 2000

Each morning, we assess the full flows of the market by measuring statistical metrics on a very specific number of stocks to determine broader sentiment and the momentum trend. When these readings turn red, we focus on cash, build trades around positive sectors, or take inverse positions against indices. When it is positive, we focus on short-squeeze stocks, companies with improving fundamentals, and trading/investing around the actions of corporate insiders.

This morning, markets are cheering the return of Sam Altman to the helm of OpenAi and the latest earnings report from NVIDIA (NVDA). The tech giant topped earnings expectations but also warned that export restrictions could affect its sales in China. We’re also keeping a very close eye on oil prices, which slumped under $75 per barrel after OPEC delayed its critical production meeting for a few days.