Brew Markets Inside Today’s Delayed Jobs Data & Retail Investing’s Agile Advantage
Dec 16, 2025
Howard Lindzon, founder and CEO of StockTwits, shares his candid insights on the retail investor landscape and what drives market momentum. He discusses his trend-following approach, highlighting the current appeal of small-cap stocks and the concept of the 'degenerate economy.' Lindzon emphasizes the unpredictable nature of prediction markets while acknowledging their value. The conversation also dives into the nuanced mixed signals from recent jobs data and what it might mean for Fed decisions as the market reacts to major stocks like Tesla and Pfizer.
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Follow Price, Not Papers
- Howard Lindzon follows price and momentum over long research reports to find opportunities in overlooked areas like small caps.
- He prefers being early in trends no one talks about rather than waiting for institutional confirmation.
Cut Losses Quickly
- Use tight risk controls and accept quick losses when trading against entrenched institutional views.
- Lindzon says he will take a 10–15% loss and move on rather than overthinking long, detailed research.
Retail Agility As A Signal
- Retail investors can be a faster signal than institutions because they can change their minds quickly.
- Staying invested and following price action matters more than consuming constant media noise.