You can usually tell pretty quickly who’s actually paying attention to this market and who’s just repeating what they heard on TV. Just ask them how many stocks are participating in this bull market. Because if you listened to most…
Everybody walks around with a mental spreadsheet of what they think the market should care about. Wars. Elections. Interest rates. Earnings. Government debt. Oil prices. Inflation. The Fed. Valuations. Headlines. Scandals. CEOs saying dumb things on conference calls. Whatever it…
On May 15, Jerome Powell’s final day as Fed Chair, the bond market gave him one last parting gift. The U.S. 30-year yield closed at its highest level since 2007, finally clearing the late-2023 peak that had capped rates for…
By now, the skis are back in the garage. A few months ago, I was bundled up on the side of a mountain with the kids, carrying boots around like a pack mule, trying not to fall on ice. Now?…
I’m in Nashville this week. My buddy Dan Ives happened to be in town, too. Dan wasn’t here for the brisket. He was touring data centers. My first question: “Nashville has data centers?” My friend Brett just looked at me…
The stock market keeps showing up to the party making new highs. The S&P 500 is there. The Nasdaq 100 showed up early and already took over the music. The Nasdaq Composite is dancing on tables. Small caps made it.…
Nvidia (NVDA) reports earnings tonight, so naturally everybody on Earth suddenly becomes a semiconductor analyst for 24 hours. Fair enough. This thing has become the biggest stock market story of our generation. Nvidia is now worth roughly $5.4 trillion. That…
Nobody knows anything. I know that sounds like a throwaway line. Stick with me. Last week, I had one of those days that reminds you what this business really is. I spent last Wednesday afternoon and evening in New York…
I found myself standing underneath the Space Shuttle Enterprise on Sunday with my twin three-year-old boys asking me questions about rockets, planets, and astronauts. Pretty awesome way to spend an afternoon. I lived in New York City for more than…
Last year, we told you something big was coming. Not a crash prediction. Not a doom headline. The opposite, actually. We said the market had just fired one of the rarest bullish signals in modern market history — and that…
The new Cerebras (CBRS) IPO could not have been more perfect. The deal was supposed to price around $185 a share. The thing opened yesterday around $350. Ran to $385. And this gave it a valuation up near $100 Billion.…
You’ve probably heard something about a new crypto bill in Washington D.C. And you’ve probably tuned out. I get it. It’s complicated, it’s nerdy, and we’ve been exposed to a lot of blockchain jargon since 2008. Most investors don’t even…
