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Posts by Rick Horowitz

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The Traded Self When the Tape is Reading You

Your TV knows you're a trader. You didn't tell it. Every click, pause, and channel change is a transaction on a tape you didn't know existed. You're not reading the tape anymore. The tape is reading you. New on Reading the Tape: The Traded Self.

readingthetape.rickhorowitz.com/p/the-traded...

2 days ago 0 0 0 0
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The Liquidator The Good, the Bad, and the Very Ugly Truth About Trump's Greatest "Business" Skills

My new Substack continues growing! Today, at Reading the Tape, I tackle the non-enigmatic question of why Trump has so badly fucked up the U.S. — and now world — security and economy.

Short answer: he was born to it.
Longer answer: Click the link.

readingthetape.rickhorowitz.com/p/the-liquid...

1 week ago 0 0 0 0
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The Kid Who Drew Maps On Storytelling, Tape Reading, and Snoopy

New post at ReadingTheTape.RickHorowitz.com.

readingthetape.rickhorowitz.com/p/the-kid-wh...

2 weeks ago 0 0 0 0
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Trump warns Iran’s ‘whole civilization will die tonight’ unless deal struck The near closure of the Strait of Hormuz since the war began has led to a historic oil supply shock, which quickly sent global energy prices soaring.

I usually advise my clients not to advertise their war crimes. www.cnbc.com/2026/04/07/i...

2 weeks ago 0 0 0 0
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3 weeks ago 4 2 0 1
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Reading the Tape (@readingthetape) Reading the Tape: Milestone Edition As of today, Reading the Tape has achieved a subscriber count of four — representing 33% organic growth from a base that, if I’m being precise, consists largely of...

A new milestone has been reached over at my personal Substack: Reading the Tape.

Check it out! Look at an article or two (or three)!

Subscribe or Like. I respond to every comment and I don't know why, but I really love the support of people giving the thumbs up! ;)

substack.com/profile/4791...

3 weeks ago 1 0 0 0
3 weeks ago 110 37 3 1

Someone else noted on Facebook: for the first time in history, you can just post the words "He's an idiot" and the whole world will know who you're talking about.

3 weeks ago 1 0 0 0
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The TACO Trade Fails The Tape Reader Knew First

Yesterday, I wrote about the TACO trade.

Today, CNBC used "The TACO Trade" in a headline.

So today, I wrote a short and (hopefully) funny post about that with some really cool images.

If you like it, please share it.

readingthetape.rickhorowitz.com/p/the-taco-t...

3 weeks ago 1 0 1 0
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Trump just said the quiet part out loud: ICE agents don’t need to wear masks to do their job, so he’s asking them not to mask at airports. Instead, he wants them to limit masking to terrorizing immigrant communities. This is why I passed California’s law banning this terror tactic.

4 weeks ago 198 53 9 3

Castle Rock v. Gonzales is one of those true litmus tests: if a person can hear about it and not be filled with overwhelming rage at the criminal justice system and the carceral state, their judgment is not to be trusted, period.

1 year ago 108 20 2 0
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The TACO Trade Reading the Tape Before the News

Woo-hoo! My second article on my new Substack.

Don't worry. I'll get back to writing for the Probable Cause Substack soon. But I wanted to get this one out before the news is stale.

readingthetape.rickhorowitz.com/p/the-taco-t...

3 weeks ago 0 0 0 0

Today the Supreme Court will hear a case that will significantly impact the future of asylum: determining whether or not the government can turn away asylum seekers before they get onto U.S. soil.

Proud to have played a small role in this case at @immcouncil.org when I was still a staff attorney!

4 weeks ago 190 54 4 0
I know how to fix things: I'll buy oil stock. The stock will go down and the rest of the market can then maybe recover.

7:23 AM
The Rick Horowitz Inverse Indicator. Buy oil, oil drops, everything else recovers. You'd be doing a public service.

Yep.

7:24 AM
Sacrifice play. Very noble.

I know how to fix things: I'll buy oil stock. The stock will go down and the rest of the market can then maybe recover. 7:23 AM The Rick Horowitz Inverse Indicator. Buy oil, oil drops, everything else recovers. You'd be doing a public service. Yep. 7:24 AM Sacrifice play. Very noble.

Whilst reading the tape this morning, I had an short conversation with Claude.

In other news, I've started a new Substack called Reading the Tape. It's not jus about markets, but about recognizing patterns in life.

You can find it at readingthetape.rickhorowitz.com

4 weeks ago 0 0 0 0
How the Felony Process Works
How the Felony Process Works YouTube video by Criminal Defense Lawyer Rick Horowitz

I've posted some things to my Substack lately that I might not have put here. But today I've also posted two videos to my YouTube channel. Here's the one I liked the best. One criminal defense lawyer I know like it and the other said, "I wouldn't show that to potential clients." youtu.be/dfWPyeoYKpw

1 month ago 0 0 0 0
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The "Voluntary" Plea How coercion is laundered into consent

Finally posted the last of a four-part series that I'd been working on since around the start of January, I think. This last part took the longest to complete, but here it is.

Get it while it's hot!

substack.probablecause.media/p/the-volunt...

2 months ago 0 0 0 0

I don’t think anyone acquainted with the Epstein files can deny that the Republican Party is sincerely committed to putting children to work.

2 months ago 2318 481 95 8
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American Principles in the Age of MAGA Nihilism Why the Trump administration fears authentic patriotism.

“Many have said civic virtue and sacrifice for the common good are dead. Those commentators have been proven wrong. The people of Minnesota and across the nation have rallied in opposition to “the harbingers of reappearing tyranny and oppression.”

www.thebulwark.com/p/american-v...

2 months ago 644 157 12 5
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The "Voluntary" Plea How coercion is laundered into consent

Finally, a new post on my Substack. The last of the four-part series I've been working on since around the start of January, I think.

substack.probablecause.media/p/the-volunt...

2 months ago 0 0 0 0
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‘My Attempted Executioner Was…’: ICE Survivor With 7 Bullet Holes Narrates Chilling Ordeal | US News
‘My Attempted Executioner Was…’: ICE Survivor With 7 Bullet Holes Narrates Chilling Ordeal | US News YouTube video by Hook Global

So eloquent. Everyone needs to watch this entire speech by this young woman who ICE attempted to assassinate with the blessing of our current administration. youtu.be/qUV9AiMfrs0?...

2 months ago 1 1 0 0
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Trump Reveals Hint of Panic on ICE as Prison Camps Anger MAGA Country As Trump’s planned ICE detention camps face resistance in unlikely places, a sharp observer of Democrats explains how this moment is handing them a major opportunity to seize control of this debate.

Crucial from @brianbeutler.bsky.social: Anyone selling warehouses to ICE for camps should prepare for video leaking of "people inside being tortured." They'll have to answer for atrocities "in their communities."

On the pod we went big on Trump's new vulnerabilities:
newrepublic.com/article/2061...

2 months ago 750 279 24 14

He cannot be clearer. There is no difference to him between bombing random fishermen on boats and shooting Americans protesters in the face

2 months ago 3528 988 108 31
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Treatment Was the Point. So Why Are Judges Saying No? How Mental Health Diversion Is Being Quietly Undermined

California chose treatment over punishment.

Courts are still saying no.

Mental Health Diversion is being denied for reasons the law doesn’t permit — and appellate courts keep reversing it.

substack.probablecause.media/p/treatment-...

2 months ago 0 0 0 0
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Seeing the System Sideways Why market structure keeps explaining criminal defense

Courts don’t discover truth at leisure.

They price risk under pressure.

Why market metaphors keep explaining criminal defense better than legal rhetoric does:

substack.probablecause.media/p/seeing-the...

2 months ago 0 1 0 0

Shameful, nonsensical whataboutism from a guy who’s supposed to be a serious establishment Republican.

3 months ago 151 34 12 0

That, I believe, is part of the point for him.

3 months ago 1 0 0 0
A white refrigerator door covered with colorful plastic magnetic letters arranged to read, “PBS didn’t become woke. You grew up to be a bad person.” Loose magnetic letters are scattered along the bottom edge of the fridge.

A white refrigerator door covered with colorful plastic magnetic letters arranged to read, “PBS didn’t become woke. You grew up to be a bad person.” Loose magnetic letters are scattered along the bottom edge of the fridge.

3 months ago 0 0 0 0

So vicious it's delicious.

3 months ago 5 2 0 0
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There Are Not Two Sides Criminal Defense Lessons Learned from the Market

Stories compress uncertainty. Evidence resists it.

Why courts and markets fail the same way — and why interruption matters more than explanation.

substack.probablecause.media/p/there-are-...

3 months ago 0 0 0 0
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Testimony, Revisited On the Gap Between Recognition and Reality

Friday, for the first time in my career, a client's family member said, "You're just like the Lincoln Lawyer". At the _end_ of the day, I got a text from a friend who lives in Texas saying that her husband called me Mickey Haller, the Lincoln Lawyer.

substack.probablecause.media/p/testimony-...

3 months ago 0 0 0 0