I spent some of my afternoon catching up on screens and notable conference calls. The one that stood out was FIX — execs practically giddy on the call — elated about the good times in construction especially when it comes to datacenters. One made a joke about any job that rhymes with “datacenter” is a...Read More

My sojourn to NYC is nearly complete. I spent much of the day cavorting Scarsdale and upper Manhattan, currently staying in Tuckahoe. It has been a profitable trip too, with portfolio gains in excess of +230bps for the week, +73bps today alone. The market has been accommodative with parts bordering on froth, especially in the...Read More

We cannot have good things without the power to make them go. The datacenter story has been the most talked about trade since Web 1.0. In order to get all of those CRWV, NBIS, AMZN, MSFT, GOOGL centers up — we’re going to need more power. IMPORTANT news out of the PJM auctions yesterday.Biggest US...Read More

Since I’ll be seeing Mom in about an hr or two, thought I’d offer my two cents here. Early on and into the afternoon the trend has been long YTD laggards / short winners. You can see it as plain as day via the IWM v SMH. More in depth, the rotation is occurring in...Read More

It was a rip and reverse sort of day, most of which I spent en route from Princeton, NJ to Westchester NY to see my Mother and Mrs. Fly’s Mother. After this we have one last sojourn into Boston late August, after which I endeavor to never travel again.We finished up nearly 30bps for the...Read More