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HBO and The Ringer's Bill Simmons hosts the most downloaded sports podcast of all time, with a rotating crew of celebrities, athletes, and media staples, as well as mainstays like Cousin Sal, Joe House, and a slew of other friends and family members who always happen to be suspiciously available.
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Fresh news and strategies for traders. SPY Trader episode #1417. The market is experiencing a massive rotation following a techled selloff fueled by extreme valuation risk (P/E ratios nearing 2000 levels). While the Nasdaq tumbled (PLTR, NVDA leading losses), 83% of S&P 500 companies are beating earnings, signaling strong fundamentals outside of concentrated tech. Capital is fleeing growth and flowing into defensive sectors like Financials and Health Care. The strategy advises positioning in value (XLF, XLV) and maintaining broad diversification (VTI) until valuation clarity returns to tech.
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