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Alfonso’s Daily Note

HACK the Market

June 13, 2025

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With geopolitical pressures heating up in the Middle East, cybersecurity stocks are back in focus.

These companies build the digital armor that protects governments, businesses, and ordinary folks from online threats—and honestly, that feels more essential than ever right now.

The Cybersecurity ETF $HACK is up 34% from its April lows, and it’s been outperforming the broader market the whole way.

After a clean retest of its prior cycle highs, HACK is boomeranging with a near-vertical move. 

Now it’s bumping up against that 161.8% Fibonacci extension around 85 — the same level that stopped it cold earlier this year.

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Hot Corner Insider

John Paulson Reports a $14.7 Million $BHC Buy

June 13, 2025

Every day, we sift through the filings to spot where the real conviction lies – cutting through the noise to highlight the most meaningful insider moves.

Here's what stood out today:

📌 Bausch Health $BHC – Billionaire hedge fund manager John Paulson just filed a Form 4 for a $14.7 million purchase.

That’s a massive insider buy from someone who doesn’t make quiet moves. Paulson’s conviction here speaks volumes – especially in a beaten-down pharma name trying to find its footing at a key level of support. 

📌 Builders FirstSource $BLDR – Todd Vance, president of the east division for BLDR, filed a Form 4 for $225,000.

Here’s The Hot Corner, with data from June 12, 2025:

 

Click the table to enlarge it.

📌 Mach Natural Resources $MNR – Director William Wallace McMullen filed a Form 4 for $3.4 million....

Alfonso’s Daily Note

Don’t Ignore Bonds

June 12, 2025

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When I started diving into markets back in 2018, bonds barely caught my eye. Now, they’re on my radar every single day.

Over time, I’ve learned just how important they really are.

You might not like it. Maybe they seem boring or too slow. Maybe you don’t trade them at all.

But the bond market moves everything else. It always has—and it always will.

For some perspective, the bond market sits at $140 trillion—far bigger than global equities, with gold, silver, and crypto nowhere near that size.

Every time the iShares 20+ Year Treasury Bond ETF $TLT gets down near this level, buyers show up.

 

Every single time.

If TLT is...