Today's class discussed recent trading activity. Growth stocks have perked up, possibly due to some extreme positive reactions to earnings from software stocks last week. We also noted how Energy stocks have continued to benefit the Value factor. Dividend Growth is also holding firm. We bought three new stocks at the end of class.

The August 31 Ask a CMT Q&A session examines EQT as a potential longer-term position, earnings double diagonals, higher interest rates and sector performance, AI-driven stock-picking services, and yield-curve inversion. Premium members learn how David uses technical confirmation, options structure, economic context, and market relationships to evaluate real trading and investing decisions.

Today's class focused in on the leading sectors from the Sector Selector, which included: Health Care, Technology, Energy, and Financials. At the end of class, we sold a Real Estate stock and replaced it with a Technology stock.

The September 1 Directional Options Strategies class connects weakening market breadth and rising macro pressure with defined-risk position management. The session reviews existing bearish and range-bound trades, adjusts Dropbox and GitLab exposure ahead of earnings, explains how different expirations can cover distinct outcomes, and opens a Qualcomm iron condor around its established trading range.

This class reviewed the most recent monthly Dividend Stairstep Statistics. We talked about the negative impact of higher interest rates on certain sectors/industries. We ended class with a head-to-head matchup in the Discretionary sector.

This Technical Analysis class evaluates the S&P 500’s attempted rebound while the Nasdaq, Russell 2000, and semiconductors retain weaker technical structures. It also introduces an EMA Compression Study that normalizes moving-average width with ATR, helping distinguish compact conditions, emerging expansion, and potentially unsustainable extensions while preserving price and the PPO as the sources of directional confirmation.

Today's class featured David Einhorn, who was famous for calling the Lehman Brother collapse in 2008, which a prominent short position against the company. We listened to a media clip from that era where he explained his reasoning. At the end of class, we sold a Technology stock and replaced it with a Health Care stock.

The September 3 Options Inventory Trading class connects an improving but incomplete market rebound with September inventory management and October position sizing. The recording reviews earnings double diagonals, the 10% extrinsic-value rule, volatility conditions, and positions across major indexes, bonds, and gold before establishing a conditional end-of-day plan for the portfolio hedge.

Today's class reviewed recent dividend increase announcements, where more than half of the week's increases were in the double-digit percentages (incredibly rare). We then reviewed our portfolio and talked about a Discretionary stock slipping into the blue zone of the Stairstep charts, but because our strike price was low enough, we're not in any immediate danger. We ended class by selling a new put on an oil stock.

The September 4 Portfolio Management with ETFs class used the ETF Allocator to evaluate the portfolio’s 70/30 allocation, inflation regime, growth-versus-value leadership, fixed-income duration, and international positioning. The session demonstrates how rankings and proposed changes are tested against broader evidence before turnover is authorized, resulting in a continued growth emphasis and only limited portfolio adjustments.