To The Moon

1. $Innodata(INOD)$ one of the superstars of Q3 earnings season appears to be gearing up for a continuation move higher. We are +170%!Plenty more meat left on the bone in this Small Cap AI play.Image2. $Sezzle Inc(SEZL)$ breaking out of this post-earnings bull flag today.We are up +400%!Clear skies ahead to $600+.ImageHistorically, Small caps outperform when the Fed starts to ease. If we are indeed entering a sustained Bull Run for Small caps, fortunes will be made owning the right stocks.

$NVIDIA Corp(NVDA)$ earnings Wednesday is HUGE for the whole market. NVDA has driven 20% of the $SPDR S&P 500 ETF Trust(SPY)$ return over the past year & is projected to drive 25% of $.SPX(.SPX)$ EPS growth in Q3. $Microsoft(MSFT)$ $Apple(AAPL)$ Image

Last week saw the strongest retail investor buying flow in over 137 weeks (since 3/22).+3.2 standard deviations above the 12M average. $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $Tesla Motors(TSLA)$ $Coinbase Global, Inc.(COIN)$ $NVIDIA Corp(NVDA)$ $Palantir Technologies Inc.(PLTR)$ $MicroStrategy(MSTR)$ Image

During Trump’s first term, Bitcoin , Tech, Semis, Software, and Consumer Discretionary outperformed.Financials, China, and Utilities underperformed. $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$ Image

Tech, Financials, Discretionary, and Industrials all broke out to record highs last week following Trump’s victory. This is the 1st coordinated breakout for these 4 sectors since 2021.Nothing remotely bearish about that. Broad sector strength signals potential for continued bullish momentum. History suggests gains ahead! $.SPX(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $Technology Select Sector SPDR Fund(XLK)$ $Financial Select Sector SPDR Fund(XLF)$ $Industrial Select Sector SPDR Fund(XLI)$ Image

The $Cboe Volatility Index(VIX)$ is falling -22% this morning following Trump’s victory. Using history as a guide, Volatility has likely peaked for 2024. $.SPX(.SPX)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$ ImageMassive day for Small Caps with the IWM finishing +5.8% on volume!We are ALREADY up: +185% on $Sezzle Inc(SEZL)$ ✅+133% on $GeneDx Holdings(WGS)$ ✅We are seeing a perfect storm for life changing gains ahead! The other 4/6 I covered in my report could be considered some form of AI plays.Historically, Small caps outperform

Institutional investors sold US stocks at the fastest pace in 9+ years last week, according to BofA. It was the 2nd largest weekly net selling by institutional investors since 2008 (trailing only Sep 2015). $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $iShares Russell 2000 ETF(IWM)$ $Microsoft(MSFT)$ $Advanced Micro Devices(AMD)$ $Alphabet(GOOG)$ $Alphabet(GOOGL)$ ImagePS：BofA’s data on this only goes back to 2008. So 2nd largest in their data history (which started in ‘08), behind only S

So far through Q3 earnings, Tech is leading the charge. 78% of Tech stocks that have reported have beat on EPS, compared to just 51% for the $.SPX(.SPX)$ . $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $Tesla Motors(TSLA)$ $Netflix(NFLX)$ $Taiwan Semiconductor Manufacturing(TSM)$ ImageWe are now 2 years into the current Bull Market that began in October 2022. The average duration of the last 11 Bull Markets has been ~5 years, with 8/11 (73%) making it to the end of the year 3.Image

In prior close elections, the $.SPX(.SPX)$ typically sold off in the weeks/days leading up to Election Day, and then rallied into year end on a clear resolution.ImageImage

We are now 2 years into the current Bull Market that began in October 2022. The average duration of the last 11 Bull Markets has been ~5 years, with 8/11 (73%) making it to the end of the year 3. $.SPX(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $E-mini S&P 500 - main 2412(ESmain)$ $E-mini Nasdaq 100 - main 2412(NQmain)$ $iShares Russell 2000 ETF(IWM)$ $.DJI(.DJI)$ $GLOBAL