8/23/25 Best Idea For The Week Ahead

The SPY ended friday with its highest weekly close ever. We had a rough stretch all week heading into Jackson Hole but it ended up as nothing material when markets reversed hard yesterday after Powell spoke. You can have your bearish notions but weekly closes at all time highs are just not bearish. The week ahead includes earnings from the largest company in our markets, Nvidia, and if it has a good earnings reaction, I’m not even sure what the bear case is until the next wave of earnings begin in October. I think more than anything you can take from all this recent action is the shift to small caps where the rankings in my database now show a ton of small caps at the top of the recent trends.

This week’s best idea is the top trending name in my database right now, it is a $50b market cap tech name that saw an obscene amount of bullish activity yesterday. I’m going to structure a ratio to where you can buy some calls and get paid to do so by selling puts at the breakout level almost 40% lower than it sits today.