Trade Alert: A Little More Nibbling + CRWV Buy

Bryce here. Cody is on the road today but we wanted to send out a brief trade alert with the markets tanking again here today. We are covering some of the hedges that we bought earlier this week and we are nibbling on some Google (GOOG), Robinhood (HOOD), Pure Storage (PSTG), and Qualcomm (QCOM).

We are also starting a very small position in CoreWeave (CRWV) which came public today and is trading at $37.5 currently which is well below its expected range of $47-$55. The sentiment around this IPO couldn't be much worse and it's like everyone is pretty confident that this AI stock won't work out well. We are starting off with a very small position in CRWV and have limit orders in to buy more if it keeps tanking today. We'll have more analysis on CRWV soon.

As always, not drawing any lines in the sand, and we want to leave ourselves room to buy more lower.

We'll also have a more in-depth article coming out this weekend with some big picture thoughts on the economy and market set up right here.