What a year this has been for the stock market.

These are historic returns being put up in 2025, so investors should be very pleased right?

Nope.

We have some of the most historically bearish sentiment on record. And it's mostly...

Let me bottom line it for you.

During bull markets you regularly see the laggards catch up to the leaders. That sort of rotation is perfectly consistent with bull markets throughout history.

During bear markets, it's often the remaining...

I'm constantly on the lookout for opportunities where market participants are most vulnerable.

If our data suggests that a market is too extended in one direction, I want to find ways to profit from an unwind in that positioning.

You saw...

Semiconductors rallied this week with Nvidia ripping almost 8%.

This all comes as journalists on basic cable tell your parents that the Nasdaq is in a correction.

You see how this works?

Here's Nvidia finding support at the same key...