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Market Might Finally Be Ready To Throw A Hissy Fit For Stimulus

Market Might Finally Be Ready To Throw A Hissy Fit For Stimulus

I like to focus on individual stock ideas, finding the most revolutionary companies on the planet when their valuations are compelling. Frankly, though, the results have long spoken for themselves as our 10-100+ baggers have continued to pile up.

Perhaps, our quietest 20-bagger ever is SolarEdge (NASDAQ:SEDG), which has been a volatile stock along since it was bought at $14 per share four years ago, but clearly, the volatility over the short-term time frames has been meaningless to its long-term move to $300+ per share. I am still long SolarEdge, although, in the hedge fund, I’m looking to hedge it with some puts/shorts on some other solar stocks that have been on fire lately but are not as Revolutionary as SEDG. Maybe some puts 0-15% out of the money and dated out to November or something along those lines. As always, when we hedge, we are not looking to make big money on the hedges, and if they lose money while SEDG continues to make us even more money, then that’s okay. I’m not doing these hedges in my personal account, but I try to communicate my hedge fund trades to you also, as you know.

But just because I focus so much on individual stocks and trends, that doesn’t mean we don’t want to look at the broader market setups too, and you’ve seen me over the years and in the last few months make a few adjustments to my positioning as a result of that analysis. Including when I turned pretty much bearish in February and got even more bearish after MC’ing a CFA Austin panel where nobody was worried about The Coronavirus Crisis. Or when I got excited about the valuations and started loading up on stocks and covering mostly all of my short hedges in

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