Happy Friday, folks!
Just a quick note, and I’ll follow up with another Case Study on Saturday.
Let’s dive in.
Today provides a strong cautionary tale as to why I WAIT for companies to report earnings BEFORE initiating a new position.
Last night, after the close, Broadcom ($AVGO) reported its Q3 2025 earnings.
Everything about the report looked terrific.
Revenue grew nearly 30% YoY. The company raised its quarterly dividend +10%. And increased its forward looking guidance.
But despite the abundant success, $AVGO has tumbled approx. -10% in today’s session.
You may ask why… And it’s a valid question.
But as an active asset manager, the reason “why” is irrelevant.
The market is speaking, and thus far - Broadcom sellers are in control.
This doesn’t mean I won’t take a position in $AVGO down the road, but I read today’s tape as a sign that the time is not right.
And folks - timing is everything.
Where’s The Strength?
Ondas Holdings has really caught my eye today.
Across the board, tech is under pressure. And as I type, the technology sector ETF $XLK is down -2.3%.
However, $ONDS is green. A great sign of relative strength.
Now - I want to be clear, this stock is a wild child. It rips and dips like a kid who can’t sit still.
Allocate accordingly.
Disclosure: This is not financial advice.
