Everybody’s Wrong

This is one of the oldest dad jokes on Wall Street, and it sticks around for a reason. You can’t have a party without chips. That applies just as much to markets as it does to a kid’s birthday. When…

Founder’s Note: Jason Perz was spot-on with the question he asked at the top of his most recent submission for the Saturday morning EW. “Is the market about to bottom right here?” he asked. The answer is not about “prediction.”…

I started trading about 23 years ago. I was 21, just getting my feet wet as stocks were coming out of a bear market and starting a new run. Gold was doing the same. Crypto didn’t exist yet. Not even…

Everybody is busy trying to predict the next crisis. That’s where the headlines are. That’s where all the noise is. And that’s where we’ve seen people go to feel smart. Meanwhile, I believe the real opportunity is sitting in the…

It’s a bull market. That’s the backdrop. In environments like this, the math is simple. You get paid for owning stocks. You don’t get paid for sitting out. And fighting the trend is usually the most expensive decision you can…

Are things actually slowing down, or is that just the story people keep telling themselves? Because when I look around, I see plenty of fear from investors. But price action is telling a completely different story. While everyone debates recessions…

I got my start on Wall Street in the summer of 2003, right as gold was beginning one of the great runs of our lifetime. At the time, I didn’t know much about anything. Not gold. Not stocks. I was…

There are some enormous initial public offerings (IPOs) lining up this year, and already there’s no shortage of opinions about what it all means.  SpaceX could be out as soon as this quarter. OpenAI looks like it’s also coming in…