This Week’s Trades And Webinar (The Cestrian Circle Newsletter)

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by Alex King, CEO, Cestrian Capital Research, Inc. 

Well, you already know that there was major dumpage Friday and you don’t need it repeating. You can pin this on any number of triggers - the pending giga-IPOs from SpaceX, Anthropic, OpenAI, the jobs report (strong labor market = inflation = rate hikes, ignoring the fact that there is simply no way this Fed is going to be hiking anytime soon), drones launched in the Strait of Hormuz … or you could just say, well, it had all run up a little too far too fast so of course it is going to cool off.

Here’s $SMH, Semiconductors, which has led the market - it’s still up huge in recent weeks and months. It lost the 21-day EMA Friday which is probably meaningful - we just have to see if there is continued selling Monday or not.

$XLP, Consumer Staples, on the other hand, is looking bullish. I opened a position Friday morning personally.

There's always a way to make money in the market, whatever the direction.

Now, below you’ll find a replay of Monday’s Inner Circle webinar and a list of all the Cestrian staff personal account trades disclosed this week.

Before you get to that I just want to share an unprompted post from one of our Inner Circle members in chat today. This really made my day, which is why I went bragging about it on X.