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 #1378. This week saw extreme volatility as a midweek pullback was overcome by a strong Friday rally, leaving major indices slightly negative. The market witnessed a significant rotation from Growth to Value, powered by revised Q2 GDP hitting 3.8% and surging Energy prices (XLE). Despite positive inflation data, rising 10year yields tempered optimism. We discuss how corporate news drove massive stock swings (INTC, KMX) and outline a disciplined strategy: overweighting cyclical sectors like Energy and Financials, selectively trimming overbought Tech names, and increasing cash reserves ahead of seasonally volatile October.
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