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Today's trade is in a name that has been strong off the April 7th lows. But when we zoom out, it's only just beginning to breakout.

Even better, we can keep the trade simple and have a chance at a 6x return if we get it right.

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The greatest investor the world has ever seen announced his retirement this weekend. 

Warren Buffett delivered the news at the Berkshire Hathaway annual shareholders meeting on Saturday that he’ll be stepping down on...

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The Strazza Letter
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From the Desk of Steve Strazza @Sstrazza

Welcome to The Minor Leaguers.

We've had some great trades come out of this small-cap-focused column since we launched it back in 2020 and...

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Minor Leaguers
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Steve Strazza
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In today’s Daily Digest, we’ll review the following:

  1. No new positions today.
  2. Adjustment to XLI position.
  3. Closed XLE at Profit Target.
  4. Current...
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Today's trade is a similar trade to the one I did in Kingsoft Computing last week. It's a bet on a previous highfligher, who had it's legs kicked out from under it during the recent market turmoil, that appears to be setting up to resume its former...

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skx

In late April Dad-Shoe brand Skechers reported decent earnings and pulled all guidance.

We talked about it at the time in my video update...

Macke's Retail Roundup
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Hasbro

Earnings season is heating up as we get into May. We've heard from plenty of consumer facing names so far (Hasbro, McDonald's, Chipotle) but by time honored tradition the earnings season for retail doesn't start until Walmart reports which won't...

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Two of the world's largest companies—Apple and Amazon—just delivered double beats… and the market couldn’t care less.

Amazon posted better-than-expected revenue and EPS, but finished the day slightly negative, marking its 4th...

The Beat Report

Today's number is... 5

After 5 months of consolidating, the S&P 500 Advance-Decline line has closed at an all-time high.

Here’s the chart:

 

 Let's break down what the chart shows:

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The Daily Number
Grant

The stock market just closed higher for 9 straight sessions.

We’re seeing a textbook V-shaped recovery unfold, especially with major indexes and sectors ...

Alfonso’s Daily Note
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The jobs report came in just strong enough to keep the Fed on the sidelines.

Since last month, the U.S. economy added 177,000 new jobs to Nonfarm Payrolls. The unemployment rate held steady at 4.2%, and wages showed minimal...

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Bond Report
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Jason Perz
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Every weekend, I dive into our insider activity tracker looking for the most interesting and bullish buys — and let me tell you, this week stood out with a rare mix of high-conviction buys.

...
Hot Corner Insider
Hot Corner Insider Weekly Reports

One of the things I do on Saturday mornings is catch up on the earnings stories and reactions I might have missed during the week.

And it’s actually a lot easier for me to do these days…

Over the past year, we...

The Strazza Letter
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Stocks keep going up, but investors are more scared than ever.

According to the American Association of Individual Investors, more than half of individuals are bearish equities over the next 6 months. This has been the case now for 10...

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