If We Want a Lasting Rally, the SOX May Need to Fall Some More
It comes down to sentiment, which remains complacent. A little bit of fear would help provide the fuel needed to get stocks moving higher.
Bank Earnings Get a Cool Reception as Chip Jitters Linger
Memory makers fell again and the big banks missed Street expectations but Mag-7 strength kept the S&P 500 flat.
The Either/Or Market Remains Undefeated
The Equal Weighted indices have been on a tear lately, while the Nasdaq has not. It’s been the story of 2026. You can go with this, or you can go with that.
Applied Materials Raises the Bar With New 2030 Targets
Agentic AI, rising prices and a path to 54% gross margins underscore our thesis.
Split in the Market Widens as Bank Earnings Hit
New lows topped 500 and more than 60% of stocks are below their 200-day averages, while the mega caps hit another record.
Boeing Update Shows a Rebound
Guidance on production rates and expected deliveries will be our focus later this month.
Here’s Why the Simple Explanation for the Chip Selloff Makes No Sense
Chip stocks have sold down hard in the last couple of days. While Chinese competition is often cited as the motive, that’s a simplification that doesn’t add up.
JPMorgan, Goldman Kick Off Bank Earnings with Equities Stealing the Show
Trading, investment banking, the consumer and AI adoption, and what it all means for our big bank holdings.
Chart of the Day: Microsoft Leads the Mag 7 and Most Others
There’s nothing more bullish than this pattern.
Existing Home Sales Edge Up, But NAR Warns of Potential Drop to Come
September existing-home sales rose 1.5% from August, but NAR’s chief economist cautioned Q4 closings could be ‘measurably down’ as affordability slips year-over-year for the first time this year.