The $VIX continues to Rise and A Stocktoberfest Update

I am bringing back Stocktoberfest. Come to Coronado, San Diego October 20-22

An intimate event for executives, influencers, and the most active investors in financial markets. Secure your tickets here.

Good afternoon…

For those coming or thinking of coming to Stocktoberfest (see promo above as well) we have about 100 tickets left - capacity is 250 - so with just THREE months until the event please do not wait too long to purchase your ticket. Coronado is spectacular in October and The Del is one of the best hotels in the world. It is being fully renovated this summer and I can’t wait to host everyone.

Along with the always fun group beach run to the navy base and some incredible food and booze, we have an incredible lineup of my favorite speakers/investors/thinkers on markets and trends as well as the latest investing products and demos on how to be the best active and passive investor you want to be. The behavioral side of investing is often neglected but will also be a big topic of conversation.

The investing trends closest to my heart, wallet and time spend right now that will be the focus include:

The degenerate economy, the industrial economy, the big data and small data economy, the blockchain/crypto economy, the luxury economy and the sports and fitness economy.

New speaker additions in the last week include Justin Reis the founder of The 1916 Company (Watchbox) who will be joining us to discuss the luxury watch market and Darren Rovell will be joining us to talk about the collectible market.

If you want to sponsor the event just hit me up by email.

Onward…

So as not to make today just an advertisement for my benefit, let me share a fresh idea from our great daily free (for now) daily ‘Trends With NO Friends’ email.

The $VIX is crossing 21 today, highs of the year. I started covering this spike last week.

The US media is enjoying the hell out of themselves with the escalation in the Middle East.

They are also loving the political battle heating up with Kamala replacing Biden. A Trump/Biden election was bad for clicks.

This morning Amazon is down 10 percent so fear will be easily stoked.

There will be talk of a recession because nobody in America can define it and the weekend is coming.

An easy UP year for indexes has quickly turned - even the semiconductors led by $NVDA …

So yeah, people are selling and may sell a lot more.

There are so many broken trends with too many friends in software and technology. Be careful of owning last cycle’s winners as the market turns down here

At the same time, there are a lot of stocks doing well that few follow or have heard of. As I mentioned above, Riley and I created a daily list of ‘Trends With No Friends’ and ‘Trends With TOO Many Friends’ list we share daily based on prices and Stocktwits data.

The other day we covered Alcon a $45 Swiss eye/vision care company that just hit all-time highs and has a measly 400 followers. Here is their about page. Here is their website. We discussed it on this weeks Trends With Friends. I did not buy any yet but will be doing more work. Many healthcare and biotech stocks continue to show relative strength as the $VIX rises and the markets falter a bit.

My favorite time to look for new stock ideas is when the market is faltering and the $VIX is rising. It is also a time to build a list of growth stocks that are in uptrends that are dropping 20-30 percent.

Have a great Friday.