Listen to the audio version of this article (generated by AI). Is a 70% crash coming?… Grantham’s track record problem… what a 1992 magazine cover got right… the FOMO that isn’t there… the earnings pushback against bears Last week, Jeremy Grantham, British investor, billionaire, and GMO co-founder, went full bear: This is the most expensive ...
There’s a growing argument that the market has been pricing on fear rather than fundamentals in recent weeks. The CapEx concerns, the FTC noise, and the Blue Origin setback have all combined to leave the stock looking unusually unloved. But beneath the headlines, the underlying demand picture for one of Amazon’s biggest growth engines is ...
Shares of are trading around $285 this week, down almost 10% from the all-time highs they hit earlier this month. A string of unhelpful headlines has weighed on sentiment, from the underwhelming Siri AI reveal at WWDC to last week’s price hikes on MacBooks and iPads. The latest update is more interesting than the market ...
Earnings are strong, but the market setup is deteriorating as AI capex is pressuring free cash flow, Mag 7 leadership is no longer one-way, equity supply is rising, and midterm seasonality creates a window for a sentiment reset. Earnings support the index. S&P 500 profits grew about 28% in the latest reporting season, the strongest ...
Why one of the market’s most volatile trades might still have room to run… and how to know when it doesn’t Listen to the audio version of this article (generated by AI). If you’ve ever read George Washington’s journal entries, they’re about as dry as the wheat Washington farmed at Mount Vernon. But they provide ...
A weaker yen and improving corporate sentiment are supporting Japan’s equity market, but the chart suggests bulls still have one important hurdle to clear. Bulls stumble at trendline resistance Business confidence climbs to multi-year highs Weaker yen reinforces constructive backdrop A battle between bulls and bears is underway after a failed breakout attempt at trendline ...
Both the and posted small gains after Monday to keep the consolidation intact and return both indices above their respective 50-day MAs. Buying volume was down for both indices. technicals remain net bearish, although momentum for the S&P 500 is bouncing off the midline – an area of support in a cyclical bull market. The ...
The second quarter wraps up today, and it was a good one. With the having returned more than 14% (including dividends) with just one trading day left, it will almost certainly end up being the best quarter for the index since the second quarter of 2020. Technology was the leader despite the June weakness. As ...
Capital markets rarely offer a clear view of a structural economic shift in real time. When SpaceX crossed the $2.5 trillion market capitalization threshold following its recent public debut, investors witnessed a permanent shift in baseline valuation metrics for space names. Pure-play launch providers are suddenly viewed as incomplete businesses. The real premium lies in ...
The second quarter is winding down, and what a quarter it has been with the up 12.6% quarter to date, while the and are both up over 20%. Despite some twists and turns, the path of least resistance for stocks broadly remained up and to the right for much of the last three months. The ...
