Founder’s Note: You’re about to read one of the best lessons about how markets process complex information in real time you’ll ever get. That’s what Jason Perz does… he takes on hard challenges and makes them seem a lot easier. …
The small-cap stocks with the “good” fundamentals are finally starting to participate. Until recently, leadership in small caps was coming almost entirely from indexes that didn’t care whether companies made money or not. If you were small enough, you were…
There’s a lot of winning going on in the stock market right now. As of this morning, more stocks on the New York Stock Exchange (NYSE) are in uptrends than at any point since 2024. That’s worth pausing on. Just…
We’ve been in a raging bull market for stocks, and suddenly this week everyone’s telling me we’re finally getting “confirmation” of it. That’s interesting, because just two or three months ago the narrative could not have been more different. Back…
There’s been so much winning lately that it’s almost hard to keep track. Stocks have been posting historic numbers year after year, and 2026 has picked up right where the last few left off. At the same time, something interesting…
Businessweek is out with a cover warning investors to “Beware the Bubble” and teaching you how to “survive” the year ahead, as if investing has suddenly turned into some kind of apocalyptic endurance test. This is a real magazine. With…
I hated reading when I was younger. I didn’t have the attention span, and I definitely didn’t have the interest to make it through an entire book, let alone a chapter. All I wanted to do was play baseball. That…
The Russell 2000 closed yesterday at the highest level in its history. That matters. This index includes 2,000 stocks and represents roughly two-thirds of the Russell 3000, the broadest measure of U.S. equities. When small-cap stocks are making new all-time…
Mid-cap stocks broke out to all-time highs yesterday. That’s new. And it matters. We’ve spent plenty of time talking about large caps making record highs. The S&P 500 keeps doing what healthy bull markets do: pushing into uncharted territory. Small…
There’s a line that smart people love to repeat, usually without thinking very hard about it: “The problem with technical analysis is that it only looks at information from the past.” I’ve heard this for decades. And every time I…
Nobody likes energy stocks. And it’s not hard to see why. For most investors, energy has been a graveyard since the Great Financial Crisis. While other sectors delivered life-changing returns, energy quietly went nowhere. On a total-return basis, the energy…
It’s funny. During every bull market, I inevitably get labeled a “permabull,” usually by people who spend their time fighting trends instead of participating in them. They want me to turn bearish while prices are going up, largely because they’ve…
