are we cooked?

Author

Fink Money
July 28, 2025

No, we aren’t cooked.

Thanks for coming.

Nah, joking.

We are indeed, cooking, however.

Bank of America this morning…

Following week 2, 168 S&P 500 cos (40% of index earnings) have reported. Good breadth: 72% of companies beating on EPS, 77% on revenue, and 60% on both – all better than the post week-2 historical average of 64%/59%/45%. Consensus 2Q EPS (blended measure of actuals & consensus estimates) has been revised up by 1.4% since July 1, bringing the expected growth rate for the quarter up to 6% YoY.

You remember the other day when I wrote about Goldman’s breadth indicator being dogshit, so we made our own?

Well, that earnings momentum and the resultant shift higher in ALL equities prives how dogshit their indicator is!

Here’s our updated score as of this morning…

This tool alongside MANY others are going to be rolled out to paid users soon.

What does this mean then?

Well, it’s not just the large caps maintaining a bid…

Ironically, from Goldman…

The participation is very broad based, with even penny stocks being gambled on.

Trade SMCI options with our trusted exchange traded derivatives broker, Tickmill.

People are sensing mania, and this was one of the reasons why we shouted SMCI on the short squeeze potential a month or two ago…

Which we then spoke about on a call (if you’re not part of the Fink Community then join to jump in every morning at 9am).

Since then, what has been notable is short interest in dark pools has been building in some of these stocks.

Dark pools is where larger participants operate - they’re called ‘unlit’ venues because they are off exchange (versus exchanges which are ‘lit’ because the orders are transparent (ish)).

They deal between each other in the main.

Why’s this important?

Well, if we take 2021, one of the crazy things that occurred was there was a hell of a lot of short interest in the market for some of these stocks where retail were buying and winning.

The squeeze is what brought about a tonne of market movement to the upside.

Last week short interest in dark pools for SMCI was at about 45% of the off exchange float…

Now it’s 51%.

So it’s very easy to argue that hedgefunds are getting squeezed hard here (with many also winning, of course).

And we can see this squeeze occurring in real time…

It’s important to pay attention to these factors and to understand when they matter and when they don’t.

We caught onto this pretty much before most.

Why?

Because we know what to look for.

What I really like about this trade though is that SMCI isn’t a meme…

It’s an actual business connected to the AI trade (that people keep thinking is dying for whatever reason).

Your job is just to understand when to press and when to take your foot off the gas and find the right conditions for other companies to move…

Which is actually where we just come in.

If you want a community where you actually will develop then click the button below to jump in.

PS. you can also take our Assessment and then book a 15 minute call to see if you’re the right fit for the Academy to learn how to do all this yourself too.

I’ll jump on the phone with you and see how we can fix all your investing problems.

Note: THIS IS NOT FOR DAY TRADERS.

This is for professionals and business owners who want to understand how to grow their portfolios in a systemised manner beyond just holding passive index funds.

Take the assessment and book a call…

If nothing comes of it I am sure I can provide you a little insight, so what’s there to lose?