Every so often, a single day changes the course of technological progress. For example… October 1, 1908: Ford Motor Co. (F) introduced the Model T. October 26, 1958: Pan Am’s Boeing 707 completed the first scheduled transatlantic jet service from New York to Paris. January 9, 2007: Steve Jobs walked onstage and introduced the iPhone. ...
At his May 3–4, 2026 shareholder meeting in Omaha, Warren Buffett described modern financial markets as a “church with a casino attached”, a characterization that landed with more analytical precision than philosophical flourish. With the holding nearr 4.3% and speculative trading in zero-day options and leveraged ETFs reaching record volumes, the cost of owning hype ...
The Mag 7 just committed $725 billion to AI. Here’s where the downstream money flows… and which stocks are still undervalued. Somewhere around 1910, a self-taught geologist named Patillo Higgins lost almost everything betting on oil near Beaumont, Texas. The locals thought he was nothing more than a crank using shoddy drilling equipment to extract ...
Shares of aerospace and defense giant took a heavy hit following the release of its Q1 2026 earnings report on April 23, extending a sharp pullback that has now seen the stock fall as much as 27% since early March highs. That makes the setup especially important heading into the new trading week, as investors ...
The same mistakes that crushed dot-com portfolios are happening again. Hello, Reader. One of the main keys to being a smart investor is to avoid staying comfortable and instead adapt to shifting currents – a principle that’s especially relevant in today’s market. If you don’t believe me, listen to Bob Dylan: You better start swimmin’ ...
Initially, I thought my prediction of 20% EPS growth in Q1 might have been a little too optimistic. As it turns it, it wasn’t nearly optimistic enough. With about 2/3rd’s of companies having reported Q1 results now, the EPS growth rate has soared to an impressive 27.8%. And we still have bellwether companies like Nvidia ...
Don’t Let This Common Mistake Hurt Your Portfolio The data seemed clear – but that doesn’t mean the conclusions were. During World War II, U.S. military analysts examined bombers that had safely returned from missions over Europe. They mapped every bullet hole across the aircraft and quickly found that patterns emerged. The wings and fuselage ...
The above chart from LSEG’s, “This Week in Earnings” shows the progression in both sector and EPS growth since Jan 1, ’26. Source: LSEG The energy sector EPS estimate – as of May 1 ’26 – has understandably rocketed higher, at +46.1%, and is now equal to the tech sector’s +46.2%. Maybe Even More Interesting ...
The hidden math working against everyday traders. Wall Street is very good at giving traders exactly what they think they want—and charging them for what they don’t understand. Leveraged ETFs can make you feel like you’ve found a shortcut. But the problem with shortcuts is that if they really worked as easily as advertised, they ...
Lead indices had a good end-of-week finish that registered fresh breakouts. The slingshot index could be the (). It traded a nice handle before it broke lower in what looked to be a pending test of its 20-day MA. But instead of that, it reversed and has now broken to the upside. We are looking ...
