Everybody’s Wrong

Sometimes I come across something so good that I feel obligated to make sure you don’t miss it. Many of you have been reading Everybody’s Wrong since we launched about a year ago, and I want you to know how…

One of the questions I get all the time is some version of this: “JC, how did you know that consolidation would resolve higher?” Or “JC, how did you know that breakout would fail?” Sometimes people will point out a…

After 23 years in this business, if you learn anything at all, it’s this: Keep an open mind. Not because it sounds good. Not because it’s philosophical. But because markets will embarrass anyone who thinks they have it all figured…

I was good at pop flies. Not a lot of things came easy to me on those baseball fields in Miami in the 1980s and ’90s. I wasn’t the biggest. I wasn’t the strongest. I certainly wasn’t the fastest. But…

Are you actually adapting to this market? Or are you still running the same playbook that worked a year or two ago? I ask myself that constantly. Are we positioning for what’s likely to drive returns three, six, nine months…

February is in the books, and it just delivered one of the most impressive displays of underlying strength we’ve seen in this cycle. Seasonally, this is supposed to be one of the weakest months of the year for equities. In…

Founder’s Note: Jason Perz knows commodities and the way they move as well as anybody I know.  He says (and writes) a lot of interesting things. When he says something like, “The energy squeeze is just starting,” I pay close…

Today is a reason to celebrate. It’s the last trading day of the month. At 4 pm ET, we print a fresh batch of monthly candlesticks. Most people won’t even notice. They’ll be glued to intraday headlines, arguing about tariffs,…