Raymond Report: NHL “Asset Board” — Thursday, January 22, 2026
Hockey markets today look less like Wall Street and more like crypto in a cold streak. Volatility is king.
📉 Market Regime Check (SBI – NHL YTD)
Before we touch a single puck, here’s the macro picture:
ATS (Puck Line): BEARISH (YTD)
Favorites: 33.9%
Dogs: 66.2% 👉 If you’re blindly laying juice or puck lines, you’re lighting bankrolls on fire.
SU: NEUTRAL (53.9% favs) 👉 Better teams still win… but not at prices that make sense.
Totals: NEUTRAL (50/50) 👉 No free money on Overs or Unders long-term.
Translation:
This is a dog market, a price-sensitive market, and a discipline-required market. Treat teams like assets — not emotions.
🏒 Today’s NHL Asset Board (Stock-Market Lens)
EDMONTON (C) vs PITTSBURGH (C) — Total 6.5
EDM -200 | COW 59.96% | DMVI -1 | STK: 4 Under
Edmonton = overpriced brand stock
Losing record (25-26) laying -200? That’s not investing — that’s paying for the logo.
PIT +160 | COW 40.24% | DMVI +1 | STK: 3 Over
Pittsburgh = distressed asset, but priced correctly Asset Take: In a bearish ATS market, this is classic “don’t overpay for oil”. Edmonton may win — but the price is toxic.
Winnipeg = early-cycle rebound play Asset Take: Low total, tight pricing, neutral SBI totals → no rush trade. This is a watchlist game, not an all-in position.
MONTREAL (B) vs BUFFALO (B) — Total 6.5
MTL -137 | COW 65.75% | DMVI -1 | STK: 3 Over
Montreal = strong balance sheet, market trusts them BUF +115 | COW 29.41% | DMVI +1
Buffalo = volatile penny stock Asset Take: Montreal is legit — but again, favorites ATS are poison YTD. If you play this, think totals, not sides.
Columbus = cheap, low-growth asset Asset Take: This is the type of game where Dallas wins… and bettors still lose. Price matters more than talent tonight.
MINNESOTA (B) vs DETROIT (A) — Total 6
MIN -149 | COW 55.17% | STK: 6 Over
Minnesota = inflated asset, public-friendly DET +125 | BULLISH (6) | COW 52.17% | STK: 2 SU W
Detroit = momentum stock in an uptrend Asset Take: In a dog-heavy NHL market, Detroit fits the SBI profile perfectly. This is where sharp money lives.
Chicago = dumpster fire… but paid to hold it Asset Take: This is a textbook trap favorite. Carolina can dominate and still not justify the entry cost.
📊 Portfolio Summary — Where the Assets Stand Today
🟢 Best “Market Fit” Assets (Dog-Friendly, Value-Aligned)
Detroit (+125)
Boston (+115)
Pittsburgh (+160)
🔴 Overpriced / Avoid or Fade
Edmonton (-200)
Carolina (-303)
Minnesota (-149)
🟡 Neutral / Monitor
Florida vs Winnipeg
Dallas vs Columbus
Montreal vs Buffalo
🧠 Final Word from the Trading Desk
The NHL right now is not a favorite’s league.
The SBI is screaming DOGS, price sensitivity, and patience.
If you’re still betting NHL like it’s the NBA — you’re doing it wrong.
This is exactly why ATSstats.com exists:
to treat teams like financial assets, not fan favorites — and to keep you on the right side of market cycles, not narratives.
📈 Ray the Bull Approved plays aren’t about who’s better — they’re about who’s priced right.
Ron Raymond
Ron Raymond is a veteran sports handicapper and founder of ATSstats.com, creator of the Raymond Report sports betting system. Active in the industry since 1996, Ron has nearly three decades of experience analyzing market cycles, performance indicators, and value metrics across the NFL, NHL, NBA, MLB, and CFL. Ron’s data-driven approach has helped thousands of bettors think strategically, manage risk, and win with confidence.
Ron Raymond is a veteran sports handicapper and founder of ATSstats.com, creator of the Raymond Report sports betting system. Active in the industry since 1996, Ron has nearly three decades of experience analyzing market cycles, performance indicators, and value metrics across the NFL, NHL, NBA, MLB, and CFL. Ron’s data-driven approach has helped thousands of bettors think strategically, manage risk, and win with confidence.