Rocket Lab Price Targets Are Falling, but We’re Making Another Trade Today
Our repair work continues on the $10,000 Portfolio.
Questionable Management Change Prompts Our Exit From This Position
The change does not alleviate content slate questions, and raises subscription and advertising concerns.
We Bought the Dow’s Worst Stock. Now It’s Up 21%.
Our Dow strategy worked last year with Boeing. It’s working again this year.
Warsh Remains Tight Lipped and the Market Likes That: 8 Key Items Shaping the Stock Market Friday
Netflix exec choice raises more questions, Anthropic’s shifting IPO valuation, and other headlines moving the market this morning.
My Worst Case for the AI-Fueled Economy
Here’s what I’m most concerned about the future of our economy. Also, let’s check on Warsh’s latest speech, the market rebound and the charts.
The Market Is Undergoing a Change in Character as AI Splits Into 2 Groups
The hyperscalers pay for AI out of their own cash. The companies that borrow to build it are starting to trade like rate-sensitive stocks.
Despite Hot PPI, Yields Fall, Sparking Broad Rally Held Back By Tech
Stocks recovered from early losses as Tech bounced and the largest drop in 10- and 30-year yields in over a year saw five sectors gain over 1%.
The AI Trade Isn’t Over, but the Easy Gains Likely Are
The hot CPI report finally triggered the rotation. Breadth was the best in weeks as money moved toward the laggards.
Producer Prices Jump the Most Since 2022 on Record Energy Surge
After Wednesday’s hot CPI print, PPI comes in even hotter, more than double estimates in a broad advance led by a record jump in energy prices.
Rounding Out Our Position in These Shares
Fresh Federal program wins build on recent public safety ones