Crocs, Inc.
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11/6/24 - $crox - another perspective on $spxew comp

- quick share

- i love to compare on "pairs" as crypto has taught me: you don't care if your "alt" coin has gone up on it's USD pair (e.g. it's "/altcoinprice) when it's BTC pair (altcoinprice/BTC) is down. in other words, you took *more* risk vs. the pair, so you better have made a good return

- so why do i make the above point? well... in stonks, nobody does this, really. look at any ticker in the nasdaq vs. its QQQ pair. for instance. say you like IBM (lol), how is ibm/QQQ? over time? it allows you to compare performance over time without cherry picking the timing. that's the beauty. back in the day we used to say "YTD" xyz ticker is doing better. or in the last 3 years, abc ticker is doing better. by dividing by the comparison ticker, we can make a comparison that ignores any time-picking bias.

- back to crox.

- the reason i flag this chart is a. i love to compare vs. QQQ, SPY, SSPXEW (equal weight S&P) among others (including stonks vs. BTCUSDT)!!... and b. ***this is such an interesting chart***... the TA (technical analysis) is pretty cray cray for those who like to draw lines. the support/ resistance. it's quite beautiful. triple tops. it's all so...

well.

what do you think?

bot some CROX today. it's a small position. and i mean small 50 bps. i'd like it lower. but the tariff fake-news-headlines are back baby. ELF, YETI (let's see tmr AM) and crox. that's my tariff portfolio for today. tomorrow could change.

have a good night, my friend. flag anything that's interesting (esp if you disagree) pls!

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