DavidMarlin
DavidMarlin
NYC Equity Trader | SF Quant HF Adviser | CEO of Marlin Capital | Not Investment Advice.
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Small Caps Enter Their Most Bullish Two Weeks of the Year

We are entering the most wonderful time of the year for Small Caps.The 2nd half of December is the most bullish 2wk period of the year for the $E-mini Russell 2000 - main 2512(RTYmain)$ dating back to 1978. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs. 🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility NowFind out more here.Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account:
Small Caps Enter Their Most Bullish Two Weeks of the Year

Forced De-Leverage and CTA Selling Emerge as New Market Headwinds

Systematic Funds are being forced to de-leverage with the market falling. This could turn into a major headwind moving forward. CTAs just started selling last week (-13B), but are still near max long right now. $S&P 500(.SPX)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$ For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.Complete your first Cash Boost Account trade with a trade amount of ≥ SGD 5000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the
Forced De-Leverage and CTA Selling Emerge as New Market Headwinds

The AI CapEx Bubble visualized

The AI CapEx Bubble visualized 👇CapEx to Sales ratios have risen to their highest levels since the Dot Com Bubble. On the other hand, CapEx to Free Cash Flow levels are nowhere near Dot Com Bubble levels. $Meta Platforms, Inc.(META)$ $Microsoft(MSFT)$ $Alphabet(GOOG)$ $Alphabet(GOOGL)$ $Amazon.com(AMZN)$ ImageQ3 Earnings have been very strong so far. The frequency of beats this quarter is the 2nd highest on record (surpassed only by the Covid reopening period). $S&P 500(.SPX)$ $Invesco QQQ(QQ
The AI CapEx Bubble visualized

Non-Profitable Tech has outperformed the $SPX by +19% in October

Non-Profitable Tech has outperformed the $S&P 500(.SPX)$ by +19% in October. This is the biggest monthly spread in 5+ years (since the 2020 GME/AMC Meme Stock Mania). $Oklo Inc.(OKLO)$ $IONQ Inc.(IONQ)$ $Rigetti Computing(RGTI)$ $United States Antimony(UAMY)$ For whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here:💰Join the TB Contra Telegram Group to Get $10 Tradi
Non-Profitable Tech has outperformed the $SPX by +19% in October

INOD - From Overlooked Small Cap to IBD’s #1 Stock

When we first invested in $Innodata(INOD)$ in July 2024 at $17, the company’s market cap was just $508M. A true Small Cap. No one was talking about little INODExcept us…15 months later, INOD is #1 on IBD’s Top 50. 🙌For whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here:💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉🎉The Cash Boost “Daily Draws” is Now Live – Come Join the Fun!Y
INOD - From Overlooked Small Cap to IBD’s #1 Stock
We have just witnessed the largest Retail Investor buying EVER. Retail has bought over +$100B of US stocks in the last month, the largest 1M buying on record. $S&P 500(.SPX)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$ $NVIDIA(NVDA)$ $Tesla Motors(TSLA)$ ImageFor whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here:💰Join the TB Contra Telegram Group to Get $10
Our SMID Cap 6 Portfolio is now up +65% in 3.5 months. Good for an annualized return of +390%!Wow‼️ $NEBIUS(NBIS)$ $APPLIED DIGITAL CORP(APLD)$ $Innodata(INOD)$ $GRAIL, Inc.(GRAL)$ ImagePS: With AI, we are in the midst of a generational technological revolution. Life changing gains will be made in owning the right Small and Mid Caps.A year ago, I released my Small Cap 6 Portfolio, which we exited for +99% gains in 7 months overall.Now I’m unveiling a new portfolio of my top 6 SMID Caps picks, poised to thrive from the AI revolution. For whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privilege
Pensions are modeled to sell -$19B of US equities for month-end. That ranks in the 89th percentile since 2000. $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$ ImageFor whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here:💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉

GRAL is a layup at $1.8B market cap

$GRAIL, Inc.(GRAL)$ is a layup at $1.8B market cap- AI cancer detection - Market leader in the MCED space - Acquired by $Illumina(ILMN)$ for $8B in ‘21, but was spun off in ‘24 due to regulatory challenges. - Now trading at 1/4th the valuation that ILMN tried to buy it for - ILMN still owns a 12% stake. $Alphabet(GOOG)$ $Alphabet(GOOGL)$ $Tencent Holding Ltd.(TCEHY)$ $Bristol-Myers Squibb(BMY)$ $Johnson & Johnson(JNJ)$ $Merck(MRK)$
GRAL is a layup at $1.8B market cap
Things you don’t see at the top of a Bubble…Goldman’s Total Positioning Indicator is STILL slightly underweight US equities. $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ(.IXIC)$ $Invesco QQQ(QQQ)$ $Dow Jones(.DJI)$ $SPDR Dow Jones Industrial Average ETF Trust(DIA)$ ImageFor whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here:
The Fed has cut rates with the $S&P 500(.SPX)$ within 1% of ATHs 16 times in history.The SPX was higher a year later all 16 times for an average return of +15%.ImageFor whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here:💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉🎉The Cash Boost “Daily Draws” is Now Live – Come Join the Fun!Your first trade of the day = 1 lucky draw chan
The chase is on. Hedge Funds bought Tech stocks at the fastest pace in 7+ months this week. $S&P 500(.SPX)$ $Invesco QQQ(QQQ)$ $Tesla Motors(TSLA)$ $NVIDIA(NVDA)$ $Microsoft(MSFT)$ Image For whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here:💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉🎉The

NBIS - A potential 35x in total revenue

The $ $NEBIUS(NBIS)$ deal with $Microsoft(MSFT)$ is $17.4B over 5 years.That’s $3.48B annually.For a company that just did $118M in revenue last year. We are looking at a potential 35x in total revenue here.ImageWith AI, we are in the midst of a generational technological revolution. Life changing gains will be made in owning the right Small and Mid Caps.The reality is that we are going to be looking at $5bn+ quicker than anybody thinks if the commen…For whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here:
NBIS - A potential 35x in total revenue

Last week saw the 2nd largest inflow to Small Caps EVER

Last week saw the 2nd largest inflow to Small Caps EVER, post Jackson Hole. $E-mini Russell 2000 - main 2509(RTYmain)$ $iShares Russell 2000 ETF(IWM)$ $iShares Russell 2000 Growth ETF(IWO)$ ImageCTA positioning in US equities officially sits in the 100th percentile and is now max long. ImageFor whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here:💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉
Last week saw the 2nd largest inflow to Small Caps EVER
Q2 Earnings CRUSHED it.60% of companies beat EPS forecasts by >1 std dev, the highest rate in 25+ years (outside of ‘09 & the COVID re-opening). $Meta Platforms, Inc.(META)$ $Microsoft(MSFT)$ $Apple(AAPL)$ $Amazon.com(AMZN)$ ImagePS: My Core 4 holdings are heating up 🔥The market is rewarding leadership.These are the 4 names I believe are the strongest coming out of Q2 earnings. 👇For whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here:Trade on a Cash Boost

The Mag 7 is currently ~35% of the SPX

The Mag 7 is currently ~35% of the $S&P 500(.SPX)$ .For those who say Big Tech can’t possibly get any bigger…Railroads were 63% of the U.S. Stock Market in 1881. $NVIDIA(NVDA)$ $Microsoft(MSFT)$ $Meta Platforms, Inc.(META)$ $Alphabet(GOOG)$ $Alphabet(GOOGL)$ $Apple(AAPL)$ $Tesla Motors(TSLA)$ $Amazon.com(AMZN)$ ImageFor whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges
The Mag 7 is currently ~35% of the SPX
We have now had 18 consecutive days below a 0.8% move for the $S&P 500(.SPX)$ .Past analogs hint at increased volatility ahead. $Cboe Volatility Index(VIX)$ ImageFor whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here:Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉💰CBA Mini Course 1: What is Cash Boost Account(CBA)?
With Bitcoin breaking out to ATHs, we just witnessed the largest 4-week inflow to Crypto funds EVER. $Coinbase Global, Inc.(COIN)$ $Strategy(MSTR)$ $iShares Bitcoin Trust ETF(IBIT)$ $BitMine Immersion Technologies Inc.(BMNR)$ $Circle Internet Corp.(CRCL)$ $SharpLink Gaming(SBET)$ BTC ETH ImageFor whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here:Trade on a Cash Boost Account
All aboardThe High Beta trade is the most crowded it’s ever been (100th %ile).ImageFor whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here:Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉💰CBA Mini Course 1: What is Cash Boost Account(CBA)?
CTAs are set to double their equity exposure over the next 2 weeks. BIG systematic buying coming. $S&P 500(.SPX)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$ $SPDR S&P 500 ETF Trust(SPY)$ ImageIt’s a Bull Market you knowImageFor whom haven't open CBA can know more from below:🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!Find out more here:Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.💰Join the TB Contra Telegram Group to G

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