Author · brief 2026-06-22

@davevermilion davevermilion

CMT technician calling sector rotation via relative strength and historical base rates

Posts intermarket and relative-strength analysis identifying

trader score
-2.03
hit rate
35%
mean α
-1.66%
signals 14d
234

Grade = how their written analysis reads (A best). Trader score = how their last-20 timestamped calls performed vs SPY. · Analyst brief as of 2026-06-22.

Their picks, scored

Across their last 20 scored bets: 35% hit rate, -1.66% mean alpha, trader score -2.03. Their last-14d mentions, direction-adjusted, have moved +2.3% since posting (mean over 93 mentions with price data).

Gold rotation and consumer-credit shorts dominate the feed

The author is most clearly positioned long gold/miners and short financed-consumer credit names, especially CVNA. Distinctive calls include adding GDXJ on reversal confirmation, buying PRM for data-center fire suppression demand, avoiding FXI/KWEB while noting A-share divergence, and highlighting META relative weakness versus SPX. Late-window evidence shows a prior INTC long flipped short, but most other directional views read as consistent rather than a broad risk pivot.

Themes5analyst read · 2026-06-22
Gold reversal and miner outperformance framework
bullintensifying6 signals
⚠ 83% of theme signals are SPX — flag pump risk
Financed consumer and auto retail shorts
bearNEW9 signals
CVNAKMXCRMTCWHONEWMBUUWGOTHO
Large-cap relative weakness and disruption
bearintensifying9 signals
⚠ 56% of theme signals are SPX — flag pump risk
China equity divergence and sanctions caution
mixedNEW4 signals
⚠ 50% of theme signals are ASHR — flag pump risk
Single-name opportunistic longs and speculative interest
bullNEW5 signals
Direction this week

The author is concentrated long gold/miner reversal and short financed-consumer credit, with CVNA the clearest disclosed short. There is one explicit flip: a prior INTC long is now discussed as short, while GDXJ is a planned add on confirmation rather than a completed scale-up. Single-name bullishness in PRM and SPCX appears opportunistic, while China exposure is split between constructive ASHR and avoidance of FXI/KWEB.

Position disclosures5skin in the game
CVNA Still short CVNA. held
CVNA Short CVNA and bearish on financed auto retail peers. held
KMX Bearish financed-auto retail peer exposure disclosed alongside CVNA short. unclear
CRMT Bearish financed-auto retail peer exposure disclosed alongside CVNA short. unclear
INTC Prior long flipped to short, with INTC used as explicit comparison. exited
Best hypotheses5their highest-scoring claims in our index
Bond and credit-market signal: Meta launched ~$25B bond sale plus ~$13B El Paso DC SPV; CDS hit record wides as long-ter
bearHIGH10 co-supporters
META's weak relative strength and broken technical levels point to further downside toward the 575, 557 or lower zones.
bearHIGH7 co-supporters
AXTI is a story stock whose China exposure, export limits, weak growth, and IP-war risk undermine the thesis.
bearLOW1 co-supporters
Copper strength should continue lifting HBM as investors seek leveraged exposure to the copper trade.
bullHIGH4 co-supporters
Capital is rotating toward AI infrastructure, industrial builders, and power bottleneck beneficiaries, with STRL a leadi
bullHIGH7 co-supporters
Recent signals15receipts included
date (PT)tickerauthorsentwhat they saidsince thenreceipt
2026-07-02SM@davevermilion+0.35Took first energy trade in SM today — Author states they took their first energy trade today in SM, implying a new long position.·
2026-07-02VITL@davevermilion+0.35Says he would rather be in eggs/VITL.
2026-07-02MGNI@davevermilion+0.45Suggests MGNI may offer missing alpha.·
2026-07-02ROOT@davevermilion+0.35Thanks ROOT, implying favorable move or performance.
2026-07-02ZS@davevermilion+0.45Says the recipient will want ZS and ROOT.
2026-07-02ROOT@davevermilion+0.45Says the recipient will want ZS and ROOT.
2026-07-02SPY@davevermilion+0.00Says he owned CENX after buying last July and exited two months ago.
2026-07-02CENX@davevermilion+0.10Says he owned CENX after buying last July and exited two months ago.·
2026-07-02QCOM@davevermilion+0.25Past-tense comment that QCOM was fun, implying a completed move/trade.
2026-07-02CALM@davevermilion+0.45Quips that outer space will need eggs and names VITL and CALM.·
2026-07-02VITL@davevermilion+0.45Quips that outer space will need eggs and names VITL and CALM.
2026-07-02GO@davevermilion+0.45Behavioral rotation call favoring non-tech laggards and bottom fishing versus crowded tech.·
2026-07-02MGNI@davevermilion+0.45Behavioral rotation call favoring non-tech laggards and bottom fishing versus crowded tech.·
2026-07-02CALM@davevermilion+0.45Behavioral rotation call favoring non-tech laggards and bottom fishing versus crowded tech.·
2026-07-02VITL@davevermilion+0.45Behavioral rotation call favoring non-tech laggards and bottom fishing versus crowded tech.

Grade is our human read-worthiness rating; trader score is a rolling 20-bet hit-rate/alpha composite — different things, often disagreeing. “Since then” is direction-unaware in the table; the summary line above adjusts for which way they leaned.