January 2022 Trader Strategy Meeting
Introduction (Minutes 1-7): - CHART's overview on why we are seeing reallocation, the dynamics of fund managers and how they manage the current market dynamics. Trader Outlook: - BLUEX (Minute 8- 12) - Discusses the rotation and some key areas to watch; Technicals reflect the environment and he does not see things changing; Sees us long overdue for a sideways trading range in the market which harkens back to 2015. - TREND (Minutes 13-16) - Sees SaaS stocks as oversold and due for a short-term bounce; Believes Fed moves have been priced in quickly. Believes it will set up some nice buying opportunities. Sees potential for accumulating some beaten down names but patience is needed. - SCALP (Minutes 17-20 )- Talks about the beaten down SPACs; Discusses areas to watch in Warrants and the potential for getting there early and watch for possible catalysts. Looking at IPOs for better pricing. What has happened this week (Minutes 21-34) - Did we see margin calls? - IWD vs IWF Margin; RSP vs SPY margin. - How is the IWM performing in this market? - How are you protecting yourself in this market? A real time look at Fed Governor Mary Daly comments (Minute 35-38) What actions do you take to protect your longs in this type of environment? (Minutes 39-45) - How do you differentiate winners/losers in this market? What is the process for garnering information? - How do you avoid panicking against short-term pain? - Energy continues to look strong. - Looking at the bigger picture on rates verse the short-term rotation volatility. Overall thoughts for 2022 (Minutes 46-60) - TREND - Remains focused on software stocks looking for opportunity in pullbacks; Looking at travel and highlights the pullback in ABNB. Likes DAL (BEDZ, PEJ, TRYP) - SCALP - Looking at SPACs in Healthcare, financials; Looking for the depressed stock price that connects with the story that the market got wrong. Ramping up his income portfolio and looking at preferred. - CHART - Believes there are legs left in the energy and oil trade; one dynamic that will be important for 2022 is the possibility of a goldilocks outcome. The central risk will be how China decides to deal with omicron. - BLUEX - Expects a healthy consolidation period similar to 2015. Will that lead to another episode of over leverage (recall August crash with yuan revaluation). Looking at themes, analysis and research and try to time properly for entries and exits. The team highlights MU and QCOM plays.
Introduction (Minutes 1-7): - CHART's overview on why we are seeing reallocation, the dynamics of fund managers and how they manage the current market dynamics. Trader Outlook: - BLUEX (Minute 8- 12) - Discusses the rotation and some key areas to watch; Technicals reflect the environment and he does not see things changing; Sees us long overdue for a sideways trading range in the market which harkens back to 2015. - TREND (Minutes 13-16) - Sees SaaS stocks as oversold and due for a short-term bounce; Believes Fed moves have been priced in quickly. Believes it will set up some nice buying opportunities. Sees potential for accumulating some beaten down names but patience is needed. - SCALP (Minutes 17-20 )- Talks about the beaten down SPACs; Discusses areas to watch in Warrants and the potential for getting there early and watch for possible catalysts. Looking at IPOs for better pricing. What has happened this week (Minutes 21-34) - Did we see margin calls? - IWD vs IWF Margin; RSP vs SPY margin. - How is the IWM performing in this market? - How are you protecting yourself in this market? A real time look at Fed Governor Mary Daly comments (Minute 35-38) What actions do you take to protect your longs in this type of environment? (Minutes 39-45) - How do you differentiate winners/losers in this market? What is the process for garnering information? - How do you avoid panicking against short-term pain? - Energy continues to look strong. - Looking at the bigger picture on rates verse the short-term rotation volatility. Overall thoughts for 2022 (Minutes 46-60) - TREND - Remains focused on software stocks looking for opportunity in pullbacks; Looking at travel and highlights the pullback in ABNB. Likes DAL (BEDZ, PEJ, TRYP) - SCALP - Looking at SPACs in Healthcare, financials; Looking for the depressed stock price that connects with the story that the market got wrong. Ramping up his income portfolio and looking at preferred. - CHART - Believes there are legs left in the energy and oil trade; one dynamic that will be important for 2022 is the possibility of a goldilocks outcome. The central risk will be how China decides to deal with omicron. - BLUEX - Expects a healthy consolidation period similar to 2015. Will that lead to another episode of over leverage (recall August crash with yuan revaluation). Looking at themes, analysis and research and try to time properly for entries and exits. The team highlights MU and QCOM plays.