ROKU - A Bubble-Blowing Bull Market Blow-Off Top Phase - Cody Willard Joins Alpha Trader (Podcast)
This week’s Alpha Trader podcast features hosts Aaron Task and Stephen Alpher speaking with Cody Willard, hedge fund manager and editor of Trading With Cody. “Please be selective with your trades,” Willard recently wrote, calling the current action a “bubble-blowing, bull market, blow-off top phase.” He takes note of recent massive moves in what are otherwise penny stocks, as well as the SPAC IPO frenzy. Those words don’t come easy to Willard, who has been mostly bullish for about a decade, but now describes himself as a cautious net seller of equities. Certainly no penny stock, but surely a sign of the times, Tesla (TSLA) was up big again on Monday even as the major averages sharply sold off. Willard has owned the stock for much of its run higher, and still believes in the transformative nature of the company. Marveling that nothing seems to ever shake the shares, Willard
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A Bubble-Blowing, Bull Market, Blow-Off Top Phase - Cody Willard Joins Alpha Trader (Podcast)