The market has a moderate buy the dip mentality today. I don’t suggest I have any strong opinion as to whether this will continue. Rationally, it should. The ISM report today was better than expected. There is an Indian trade deal which should be positive for IT demand. But there has been loads of technical…
Hinterhaus Productions/DigitalVision via Getty Images Navan: A major disruptor in Business Travel and Expense Management Navan (NAVN) is a fairly recent IPO-it went public at the end of October 2025 at $25/share. Despite a strong quarter that was announced last month, with results well above expectations and increased guidance, the shares are selling 30% below the IPO price…
The market presented some opportunities this morning that I have reacted to. In particular I added to the position in Pagaya which got hit a bit because of the misguided proposals of President Trump regarding interest rates. In addition, Figma shares were down despite positive brokerage comments. I continue to add to the positions in…
The market has been quite volatile today, at least in terms of our high growth portfolio. We have (hopefully) taken advantage of the volatility and made some trades. Overall, the trades wound up reducing our margin balance by $660, and the balance now goes to $738,612. There were, in aggregate7 transactions today. In the interest…