Steve Strazza brings a unique perspective to the world of Technical Analysis due to his diverse background. Steve found an affinity for financial markets during his first job out of college as a big-4 CPA auditing some of Wall Street’s largest broker-dealers, such as Interactive Brokers and Morgan Stanley. Steve then worked in the Asset Management industry in a variety of roles including Controller for a private equity start-up, Fund Accountant at two large hedge funds, and most notably as a personal Accountant for Steve Cohen at SAC Capital and Point72. Steve has spent recent years writing as an Independent Research Analyst while working on a variety of Fintech projects for companies such as the TradeXchange and Deloitte & Touche. He also continues to practice part-time at his father’s CPA firm. Naturally, Steve began his research career using the financial statement analysis skills he gained as an accountant. After learning the flaws of fundamental analysis first-hand through his research career as well as his experience auditing public companies, he transitioned his investing style to focus primarily on price action. Steve holds an MBA from Fairfield University and is currently pursuing his CMT designation as a level 3 candidate.
For Wall Street veteran Jared Dillian, getting away from Wall Street might have been the best thing he ever did for himself.
Now living in South Carolina, he can’t be further removed from the lifestyle of your typical Wall Streeter. And he’d have it no other way, as he’s convinced Wall Street took at least 10 years off of his life expectancy.
As Jared says, his stress levels are now “basically zero.”
Milton Marmanides does the hard work that traders don’t have the time to do. He sifts through the firehose of headlines, news releases, data points, and social media to cut through the noise and deliver only the market-moving information active traders need to make smarter decisions.
And in his nearly 25 years in the business, first as a trader, and now as a market data provider, he’s seen a lot.
They are only losses if we don’t learn something from the experience.
When traders woke up on Monday, August 5th to the VIX at 65 and the Nasdaq index down 5% overnight, they didn’t need a cup of coffee to snap into high alert.
The easy first question to ask was: “What happened?”
First up, Apeiron Investment Group just made a massive bet on ATAI Life Sciences $ATAI, picking up more than $22 million in stock.
The stock is up roughly 5% this morning.
Next, Carl Icahn has disclosed a 9.52% stake in JetBlue Airways $JBLU through a 13D filing.
Icahn isn’t just any investor. He’s one of the most legendary activist investors of all time.
Carl Icahn's track record speaks for itself, with high rewards from investments in companies like Apple $AAPL, Netflix $NFLX, and CVR Energy $CVI in the past.
So if history repeats itself, this 13D filing could mark the start of a major turnaround story for JBLU.
Here’s The Hot Corner, with data from February 19, 2025:
We’ve heard it all about speculative growth stocks over the past few years.
Cathie Wood and the entire ARK Invest strategy has been lambasted by the media.
You’ve seen the cover stories. They tried to destroy her.
But Cathie’s ARK didn’t wreck. It survived the storm.
And I think it’s bigger than that. I think the most speculative, highest risk, longest duration equities are about to have their time in the sun again.
Everything I’m seeing suggests we are entering that part of the cycle where the worst stocks become the best stocks.
