Ted Zhag

Portfolio Manager of TURBOTECTION® at @RevereAsset Management. Business inquiries: [email protected]. Partner with @Deepvue @TraderLion

[Ted Zhang @TedHZhang]

Full episode with @Wordsofrizdom - my first ever in-podcast recorded back in November here in NYC. https://t.co/5IbXELRucj

[Ted Zhang @TedHZhang]

We aren't topping until they get the @AnthropicAI IPO out in November and @OpenAI in 2027.

Eerily, that does align with @jasongoepfert 1929 and 1999 precedents.

[Ted Zhang @TedHZhang]

March ‘00 was the top
Oct ‘29 was the top

We still have a few months left even if this bear data pans out

[Ted Zhang @TedHZhang]

Full episode out NOW with @RichardMoglen!

I’m glad and grateful to be apart of his and @TraderLion first ever in-person podcast.

Let me know what you think!

https://t.co/w14Zc6Hzmt

[Alex & Books 📚 @AlexAndBooks_]

JP Morgan surveyed 100+ billionaires and found that reading ranked:

• #1 in habits they attributed to their success
• #7 in hobbies they were most passionate about

If you want to go far in life, it helps to be a reader.

[unusual_whales @unusual_whales]

NEWS: Anthropic is preparing for the release of its new Opus 4.7 model, per the Information

[Daily Dose of Philosophy @PhilosophyDose_]

"The only way to do great work is to love what you do."

[Ted Zhang @TedHZhang]

.@PradeepBonde market monitor sees a breadth thrust day with primary and secondary indicators turning green.

We now have:

*$SPY $QQQ above 10/20 MA
*NASI is just hooking up from oversold
*NASDAQ net highs again
* Pradeep MM back green

[Ted Zhang @TedHZhang]

What is the most misinterpreted quote from Livermore and in trading???

THIS.

"It never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!" — Jesse Livermore

People take this quote and tell others that it is only about riding a winner for a long time. That is critical for outlier and outsized gains, but what Livermore emphasized more was sitting in cash and waiting for the right opportunities where all factors aligned.

[Ted Zhang @TedHZhang]

IBD 1-15

1. $FIX
2. $ANAB
3. $CLS
4. $VRT
5. $MU
6. $STRL
7. $AUGO
8. $FN
9. $ECO
10. $MOD
11. $PAHC
12. $ARIS
13. $KGC
14. $AU
15. $AGX

[Ted Zhang @TedHZhang]

IBD Sector Leaders

$AGI $APH $ANET $AVGO $FIX $FGI $KGC $MRX $ORLA $TSM $TFPM $VRT $WPM

[*Walter Bloomberg @DeItaone]

TRUMP: EFFECTIVE IMMEDIATELY, UNITED STATES NAVY WILL BEGIN PROCESS OF BLOCKADING ANY AND ALL SHIPS TRYING TO ENTER, OR LEAVE, STRAIT OF HORMUZ.

[Wall St Engine @wallstengine]

U.S. VP JD Vance:

“We have tried for 21 hours, but we are returning to the U.S without an agreement. And I think that's bad news for Iran much more than it's bad news for the USA. They have chosen not to accept our terms."

[Ted Zhang @TedHZhang]

4/11 Daily Stoic

[Sahil Bloom @SahilBloom]

Nobody tells you this: You can get pretty damn far in life by just being someone people can count on to show up and do the work. Reliability is the cheat code. Stop overcomplicating success. Show up, do the work, repeat. That’s it.

[NASA @NASA]

Welcome home Reid, Victor, Christina, and Jeremy! 🫶

The Artemis II astronauts have splashed down at 8:07pm ET (0007 UTC April 11), bringing their historic 10-day mission around the Moon to an end.

[a16z @a16z]

"Action produces information"

[Brett Caughran @FundamentEdge]

There has been a long standing debate in Finance AI around "who wins": the foundation labs vs. the finance specific AI platforms (pejoratively, "the wrappers")

The pendulum in asset management has shifted back towards a strong consensus that foundation labs directly are the winners, Claude specifically. "Why work with a wrapper when I can work direct with Claude Enterprise?". And foundation labs building finance RL sandboxes and building big forward deployed engineering teams (and have endless capital) have reinforced that belief "OpenAI is hiring investment bankers, game over..."

My sense is this race isn't over, however.

Imaging you are an asset manager and you hitch your wagon to the Claude Complex:
> Opus 4.6 nerfed in earnings preview season
> Token bill arrives and after the "first hit is free" dynamic abates, your token budget explodes (and once the tool is in investor's hands, it is super hard to control usage). I'm no expert in token economics, but I do know that Uber used to sell $15 rides for $5 and I suspect Claude is selling thousands of dollars of compute for $200/month. This LLM capex burn isn't sustainable forever, and this isn't a sustainable foundation on which to transform your firm's investment process (see same $5 Uber ride now $50).

Perplexity has shown me the future with Perplexity Computer, an agentic multi-model workspace, with access to 19 models that is insanely user friendly. Guess what's not nerfed today? Research context, workflow context & enterprise security are also critical, so not necessarily arguing Perplexity Computer is the winner (they could be), but evidence like this suggests a more thoughtful bet is a multi-model approach that considers the LLM capability cycle (nerfing and leapfrogging) and token economics (using frontier intelligence economically).

[Ted Zhang @TedHZhang]

Don't buy stocks in stage 4 downtrends!

There are plenty of quality names in stage 2 uptrends $UCTT $MKSI $ICHR $FORM $SNDK $TER $LITE $NBIS $SOLS $Q $BWXT $ARM $INTC $FLY $PL $GLW $STX $WDC $DELL and more

[Ted Zhang @TedHZhang]

Repeating this daily changed the wiring of my trading brain:

"God [replace with anything you want] grant me the serenity to accept that the markets will do what they want, when they want, regardless of what I want."