Sell Rosh, Buy Yom in 2026?
There’s an old adage about selling stocks before Rosh Hashanah and buying them back on Yom Kippur. Is there a chance that this strategy works in 2026?
The Bulls Are Using Margin Again. Here’s How Well That Has Ended in the Past.
Let’s look at today’s indicators with an eye to the past to get a look at a possible future scenario.
Thursday’s After-Hours Advancers and Decliners
After-Hours % Advancers
After-Hours % Decliners
Position: None
What’s Good for This Chip Giant Isn’t Good for Its Customers
The largest stock in the market held up the indices but there was plenty of weakness under the surface.
Thursday’s Closing Market Data
Closing Volume
– NYSE volume 11% below its one-month average
– NASDAQ volume 11% below its one-month average
– VIX index: down 4.60% to 14.51
Breadth
S&P 500 Sectors
% Movers
Nasdaq 100 Heat Map
Closing S&P 500 Heat Map
Position: None
Good Sale on Pepsi
Good sale on PepsiCo ($PEP) on Monday-Tuesday at around $144-$145.
It’s now under $140.
I am a buyer at $138ish.
Position: Long PEP (VVS)
Snapshot of July 2026 Retailer Comp Sales Confirms Our Positioning
We let the math speak for itself and it shows which retailers are winning share and losing it.
New Salesforce Short
New short in $CRM at $251.85.
I have been patiently waiting to short salesforce as i believe, despite management’s protestations, its business model is in jeopardy.
More early next week.
Position: Short CRM (S)
After-Hours Earnings Calendar for Thursday
Position: None
CoreWeave Covered
I covered the balance of my $CRWV short at $87.22.
Earlier today I added to this short over $92.
Position: None