The Hitchhiker's Guide to the Market

June 2026

Positioning Reset

Momentum cracked first, high beta made one last push, shorts were forced to cover, and the index finally "collapsed under the weight of its own delta"

Jun 7 • Market Hitchhiker

14

1

2

May 2026

"Don’t short this Market"

A reminder that price is the only truth

May 5 • Market Hitchhiker

17

1

2

Your Margin Is My Opportunity

Why I am staying away from the AI capex receivers, slowly turning constructive on hyperscalers, and parking my beta in Apple.

May 4 • Market Hitchhiker

9

April 2026

Crossing the Rubicon

Positioning is back to FOMO, earning breadth is a mirage, and the macro regime is quietly flipping under everyone’s nose.

Apr 23 • Market Hitchhiker

9

Macro Update #35

Nothing has changed according to Mr. Market

Apr 16 • Market Hitchhiker

7

1

1

Performance review: Q1-2026

A more-than-good-enough Q1 for the live book, with a +9.64% return.

Apr 2 • Market Hitchhiker

15

2

5

March 2026

Reading the tea leaves

Looking for the trade after the trade

Mar 24 • Market Hitchhiker

6

1

Post FOMC thoughts

On Hold

Mar 19 • Market Hitchhiker

2

1

February 2026

Some thoughts about the market

Momentum is being pushed way too far, a boom/bust cycle is under way

Feb 25 • Market Hitchhiker

16

1

Relax, guy

The spooky Challenger Job Cuts number triggers a risk-off move.

Feb 6 • Market Hitchhiker

6

3

2

Macro Update #34.2

Part II: Monetary Policy, Fiscal Policy & Global Liquidity

Feb 1 • Market Hitchhiker

8

2