Search Results for: 2026

Warren Buffett’s Berkshire Hathaway has long viewed Apple as its crown jewel. In early 2024, Apple shares accounted for nearly 25% of the Berkshire Hathaway portfolio. However, Buffett has been selling out of Apple since then, trimming its stake by […]

This past week saw the most pronounced and coordinated rotation away from high-beta assets that we’ve experienced all year. What began as routine profit-taking in a handful of large-cap technology and AI names quickly evolved into a broad, organized risk-off event that stretched across the market. Mega-cap technology, which has been the driving force behind the market’s advance, fell sharply as momentum strategies encountered their first significant hurdle in months. But the pressure wasn’t isolated there: Bitcoin, small caps, unprofitable tech, and retail-favorite thematic ETFs all joined the selloff, confirming that this was not merely a sector wobble but a complete risk reset.

A funny thing about bull markets is that investors develop a very short memory about the previous bear market. Such is why cycles repeat throughout history as lessons must be learned and relearned.

This past week, markets continued to digest earnings from key technology and AI-focused companies, as well as the lingering effects of the Federal Reserve’s recent policy shift. Despite a limited macroeconomic calendar due to the ongoing government shutdown, corporate results kept investors engaged. The market struggled with ongoing narrow breadth and growing sensitivity to forward guidance. Major earnings reports from AI-related and large-cap tech firms revealed continued strength in revenue and profit growth, but fell short of overly optimistic expectations.

Dow Theory is a market tool developed by Charles Dow in the very early 1900s. Dow also created the Dow Jones Industrial Average. The basic gist of Dow theory is that market trends are confirmed when gains or record highs […]

Gold and bitcoin are touted as the “anti-dollar”, or in some people’s minds, possible replacements for the US dollar. Thus, one would expect the dollar-debasement trade to benefit gold and bitcoin similarly. The reality throughout this year has not been […]

This past week delivered a sharp pickup in volatility and quick reversals, underlining how fragile the tape has become. Early in the week, markets were pressured by renewed trade rhetoric from former President Trump. He threatened a 100 percent tariff on Chinese imports starting November 1 in response to China’s export controls on rare earths. While rare earth stocks soared on the news, it rattled investors, igniting fears of an escalating U.S.–China trade war just as bullish momentum had built.

A funny thing about bull markets is that investors develop a very short memory about the previous bear market. Such is why cycles repeat throughout history as lessons must be learned and relearned.

Advanced Micro Devices (AMD) stock opened up by nearly 35% on Monday morning, following reports that OpenAI is acquiring a 10% stake in AMD. As part of the agreement, AMD will supply OpenAI with 6 gigawatts of AMD’s Instinct GPUs. […]