Everybody’s Wrong

As we move into the back half of March, it’s a good time to start thinking about what the spring might look like for stocks. Not just in terms of direction, but in terms of rotation and volatility. We’ve already…

Founder’s Note: We talked this week about stepping away from our screens to refresh our brains and refocus our thinking processes. It’s good to do that. It’s great to be able to do that. Sam Gatlin – SamG in the…

Some lessons you only learn the hard way. This was definitely one of them for me. For years I spent far too much time analyzing every little wiggle in the S&P 500. Every squiggle. Every minor breakout. Every fake breakdown.…

The S&P 500 is less than 3% away from a new all-time closing high. But when you zoom out, the index is sitting at roughly the same level it was five months ago. In other words, the benchmark for U.S.…

Everyone thinks it’s all over for the “Magnificent Seven.” The bull market is finished. The crash is coming. That’s the narrative making the rounds right now. It reminds me of Fred Sanford grabbing his chest and yelling, “This is the…

I spend a lot of time talking about markets. That comes with the territory. It happens every day whether I plan for it or not. Sometimes it’s a conversation with a colleague on the phone or through text. Other times…

Changes in asset prices are not random. Let that sink in for a moment. To someone new to markets, the constant ups and downs in stocks, bitcoin, commodities, and currencies can look like chaos. Prices jump around all day, every…

There are certain moments in life that stick with you forever. This was one of them. It was 2005. I was 23 years old, and I didn’t know anything. And the truth is, that scared me. There were guys in…