Weekly Roundup: An Electric Week for the Market Was Also a Great One for the Portfolio
We added to one holding this week, and locked in outsized gains for two others.
AI Trade Looks Pretty Smart, For Now
CoreWeave’s earnings blow away expectations and FoxConn looks pretty sharp. Let’s see what these could say about the overall state of the AI trade.
Anthropic Making Pre-IPO Investor Rounds: 8 Key Items Shaping the Stock Market Tuesday
Trump’s demands, volatility on the horizon, food prices and other headlines are moving stocks this morning.
There Is No Single ‘AI Trade’ and Demand Is Only Growing
Winners in GPUs, memory, cloud margins, power and AI agents will be determined at different speeds.
TSM Revenue Surges Higher: 8 Key Items Shaping the Stock Market Monday
Trump “low-keying” it with Iran, Meta’s new AI model and other headlines moving stocks this morning.
Sometimes Bad Is Good, and Sometimes Bad Is Bad
Let’s sort through what those Friday jobs numbers mean for rate-hike chatter, what’s happening (or not happening) on the Strait, and why Trump is in a tough spot.
One-Size-Fits-All Might Work for Shirts. But Not for Trading
Let me tell you how to approach trading that actually works, and a secret about how under-the-radar small caps can become true winners — if you know what you’re doing.
We’re Tracking 28 Signals Across 10 of the Portfolio’s Strategies
Let’s scan through the headlines for the stories of the week that speak to our Pro Portfolio holdings.
More Tales From Nvidia: And More Ironies (Issue #232)
Two definitions of irony:
* Softbank needs to use their stock in OpenAI to fund their next investment into OpenAI:
SoftBank Uses OpenAI Stake to Borrow $10 Billion
Google ($GOOGL), who actually in theory has money needs to sell more debt to fund their investments into AI, and credit spreads blow out further.
* Microsoft ($MSFT) is telling their employees to use less AI because it is too expensive, when they are trying to shove it down everyone’s throat and disclose that most of their growth is coming from OpenAI, whose big investor needs to use their stock to fund its next investment into OpenAI. I cannot keep up:
Microsoft tells engineers to curb their token-burning enthusiasm
Meanwhile Google shocks with another $25 billion bond offering — and hyperscaler credit spreads blow out.
Hyperscaler Bond Spreads Blow Out After Google Shocks With Another $
Position: None
The Risk of a Bull Trap Is Increasing
The market mood has improved this week, but fundamentals are still under debate.