Some are saying it was the blog post by some Magician called “Citrini” who laid waste to a wide swath of markets today. We have been, more or less, insulated from the type of damage being inflicted to retail presently. There is a chasm between what is real and what is pretend. Today Anthropic said...Read More

1 mo returns for some major ETFsSPY +1.72%QQQ +0.13%SCHD (old man stocks) +10.1%IWM (small caps) +0.8%RSP (equal weighted) +4%TLT +3%XLF (financials) -1.3%XLK (tech) -0.7%DIA +2.3%XLV (health) +0.9%SMH (semis) +6.3%IBIT (bitcoin) -24%GDX (gold miners) +3.3%XLI (industrials)+8.3%XLE (energy) +15%SCHF (foreign) +2.3%XLU (utilities) +7.8%IGV (software) -15.8%KWEB (china) -6.8%XLRE (REITs) +5.2%KRE (regional banks) +7.4%XME (metals, miners) -6.6%XHB (homebuilders) +6%TAN...Read More

Let’s talk about today’s events. GDP missed by a wide margin — -1.8% below expectations, coming in at +1.4%. HOWEVER, much, if not all, of the miss was the result of the govt shut down and -5.1% in govt spending.SCOTUS ruled Trump’s tariffs were illegal, a severe rebuke. He later came out and slapped 10%...Read More

Not sure how many of you are aware of the absolute cataclysm in the retail (X, Reddit, Moronic web) favored stocks over the past 3 months. But it has been profound. The good news is — a good cleaning out of froth and weak hands is always good for longer term sustainable growth. The downside...Read More

YTD the winners and losers are in the extreme – with ~35% of stocks with market caps over $5b up 10%+ and about 8% of them down more than 10%. There are 152 tera cap stocks (caps over $100b), of which 69 are up 10%+ YTD and 29 down 10%+. Some of the biggest losers...Read More