Every weekend, I dig into our insider activity tracker looking for the biggest conviction buys — and this week checked all the boxes: Baker Bros, coal stocks, big software bets, and precious metals.
The market continues to send signals that nearby risks are elevated, and there is no clear indication to us in which direction the next sustained move will come.
So, as has been the vibe for the past couple of weeks, I'm looking for trades...
I've anticipated sideways price action for a month.
This continues as my intermediate outlook (months) has shifted from bullish to neutral as Bitcoin lost $56,000 and stocks appear as if they need time to improve.
