ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
The Catalyst: Algorhythm Holdings (RIME) Algorhythm Holdings, a micro-cap (now worth almost $5M) former karaoke machine company, announced its SemiCab AI platform can handle 400% more freight volume without adding staff. This offering is part of the company’s attempt to tap into a $3 trillion industry that the company claims wastes $1 trillion. Algorhythm claims … Read more
Jumia Technologies (JMIA) reported strong Q4 2025 results. At the same time, the company is entering another important phase in its development as scale and economics align more visibly within the business model. On a year-over-year basis: The headline numbers are strong, but the more important development is structural. Operating Leverage Takes Center Stage In … Read more
The Market Breadth Summary Stock Market Commentary I switched to “risk off” and cautiously bearish in late January. The subsequent bearish trading action unfolded mainly “under the hood” of the major indices from late January through the beginning of last week, before accelerated selling emerged. A major market rotation away from tech stocks started before … Read more
Thoma Bravo’s Buying Framework Amid the AI Panic The AI-driven fear in software stocks is palpable with daily headlines and relentless product releases from the AI disruptors. The buying opportunities are broadening so fast that I have to create and maintain a structured framework for separating the survivors from the laggards. As a part of … Read more
The Market Breadth Summary Stock Market Commentary The first month of the new year ended in an eventful fashion with significant news both good and bad, sometimes abrupt. The bad news convinced me to go risk off again as breakdowns and pullbacks weighed heavily on individual stocks. The major indices hid the extent of the … Read more