Markets were bid higher today by a moderate +0.37% for the SPY and +0.42% for the QQQ, in spite of the hand grenade pin action in AMD and GOOGL. We owned AMD into earnings and I hated the call. The CEO sounds like an idiot and I really really loathed myself for buying it in...Read More

All of the rhetoric is about to take a secondary position as we reveal earnings, always a tumultuous time of year. For every SPOT there is a PYPL. Ultimately, great companies perform and will reward investors. I view earnings season as a process to filter out stocks that are not operating on the level we...Read More

It was looking dicey in the pre market and we plunged lower on the portfolio at the open to the tune of -2.5%, but it was quickly and fastidiously erased after Mexico agreed to protect its border. Losses for the SPY was -0.74%, QQQ -1.2% and we managed a minor set back of just 0.34%....Read More

The edifice of the liberal world order is being upended and they don’t like it. The recent salvo was Trump’s announcement of tariffs for Mexico, China and Canada, which has led to rhetoric and threats and all sorts of fears being sowed into the tape. Does the small amount of trade with Canada and Mexico...Read More

This week we were bookended by tape bombs. On Monday we learned about DeepSeek and today the Trump tariffs. In both cases, deleterious trading action was the net result, with the latter being somewhat tepid in comparison.Late in the day, Trump affirmed his commitment to Mexican and Canadian tariffs, resulting in a full collapse of...Read More