Episode 66: Bear Market Rally

Earnings review in $PYPL, $EL, $SNAP, $HOOD THEN A LOOK AT $SCHW, the broad market rally and whether or not this is "real" plus the charts of the week including the SP500 signal that is bearish for the market.

The LongVol Report Article & Podcast

New Reader?

Welcome. We publish this each and every Thursday with a free & paid section for members covering stocks, broad market news and a weekly Q&A session for readers.

Premium members get access to the following each week:

Premium member posts with Company breakdowns/analysis

Access to Educational content archive (all the way back to 2020)

Ask questions each week on the Podcast/Video cast

There is also podcast/video cast goes out each Saturday and we answer member Q&A at the end each week.

The Swing Trade Alerts are used with our weekly LongVol PDF report and DITM calls/puts and are sent 3-6 times a month.

  • No new positions this week.

🎟️ You can get access to Alerts, Chat Room & PDF Report Free for 15 Days here.

About me:

✍️ I’m Dan Bustamante, founder of The LongVol Report and Bustamante Capital Management LLC - a L/S hedge fund and investment firm. I began in this business at the age of 20 with Charles Schwab and became a Portfolio Manager by the age of 29. Today I live half of the year in Puerto Rico and half in my hometown, Phoenix. I’ve invested in private companies and even was the CEO of a post-bankruptcy turn around called Jack Grace USA.

Me and my team publish our flagship LongVol PDF Report each Sunday and have done so since 2020. In fact, we were the team that called for Carvana short at $160 in March 2022 before anyone would listen plus many more market calls & research.

Want to connect? Follow us on X @TheLongVol or on LinkedIn here.

SP500 Inflection

First, this was a strong week with a rally aided by $META ( ▲ 5.34% ) and $MSFT ( ▲ 8.96% ) earnings after a GDP report that dragged the market lower. We talked about this in Issue 17 of this weeks report mentioning that $AMD ( ▲ 0.63% ) and $NVDA ( ▲ 4.23% ) could benefit on any rally and they did on Thursday.

Gold was lower this week as well and we highlighted the sell signal at the start of April and reiterated the short again in this weeks LongVol Report - the image below was posted on our X account.

$NTR ( ▲ 0.28% ) - was re-added to the Swing Monitor this week with new technical notes with a new 2025 high and a daily chart measured move completing at $60.

A decent move so far this week.

DeltaOne Highlights: some highlights for those in our DeltaOne group this week with the some nice plays on $MSTR ( ▲ 1.9% ) and $TSLA ( ▲ 0.37% )  with some directional trades.

You can upgrade to DeltaOne here free for 15 days.

MSTR from @Sandalyn

  Tesla PHOD long from @Jeana9561

JP Morgan Sales & Trading Note This Week

 Conclusion:

JP Morgans notes this weeks matched ours in the Report and we still see this as a tactical market rally aided by Mag 7 earnings which always drive the markets, in both directions. We still think there is light room higher on the broad-markets here but are bearish the economy and some other ideas which we’ll cover this week.

🔎If you are a high net worth individual, entrepreneur or investor learn  learn more about asset management.

Michael Marcus

Unlock Your Premium Membership

Get the first 30 days free and unlock the rest of this post as a Premium Member.

Already a paying subscriber? Sign In.

Reply

or to participate.