TPOW Trade Recap: Hims & Hers Health, Inc. (HIMS) – March 24–April 11, 2025
This Top Pick of the Week (TPOW) spotlighted Hims & Hers Health, Inc. (NYSE: HIMS), a telehealth company experiencing significant market volatility. The trade was initiated on Monday, March 24, 2025, at the opening price of $35.85 and closed on Friday, April 11, 2025, at $27.23, resulting in a loss of $8.62 per share.
Trade Summary
- Buy Date: March 24, 2025
- Buy Price: $35.85 (Opening Price)
- Sell Date: April 11, 2025
- Sell Price: $27.23 (Closing Price)
- Result: −$8.62 per share
Trade Analysis
The TPOW strategy typically involves buying at the opening price on Monday and selling at the close on Friday of the same week. However, in the case of HIMS, the trade was extended beyond the standard one-week holding period due to extreme market volatility and instability across major indices. Our system allows for occasional discretionary extensions in abnormal market conditions to avoid forced exits into sharp declines.
Despite a promising setup when the position was initiated, the stock was unable to regain upward momentum as market conditions deteriorated. HIMS remained under pressure through early April, ultimately closing the position with a sizable drawdown.
Market Conditions: March 24 – April 11, 2025
This trading period was marked by unusually high volatility across global financial markets. On April 2, the White House announced sweeping tariff measures, including a 10% levy on all imports and a 145% tariff on Chinese goods, which was met with swift retaliation from China. These developments rattled investor sentiment and triggered broad market selling.
The S&P 500 posted its largest two-day loss in history on April 3–4, shedding more than 10% and wiping out over $6 trillion in market value. Selling pressure extended into the following week, with the index dropping another 3.5% on April 11 alone. Nearly all sectors experienced significant declines, and safe-haven assets surged in response to the growing geopolitical tension and trade war fears.
In this environment, high-beta stocks like HIMS were hit especially hard. The extended hold on this position was a direct result of these extraordinary market conditions, as we waited for signs of stabilization before closing the trade.
Final Thoughts
While the result on this trade was not favorable, it highlights the importance of staying committed to a structured trading system, even during turbulent periods. The TPOW strategy emphasizes discipline and consistency, and while it does allow for flexibility under extreme circumstances, the goal remains the same: to manage risk and position ourselves for longer-term success.
Market volatility is an inherent part of active trading, and losses like this serve as a reminder that even strong setups can be overwhelmed by broader market forces. We continue to follow our process with confidence and look ahead to next week’s opportunity.
For more trade reviews and weekly picks, visit the TPOW blog archive.