Search Results for: 2026

A client and friend asked us a timely question: “Why did we remove our hedge position so quickly after the ceasefire, especially with little evidence it will hold?” The simple answer is the market knows more than all of us. […]

Over the last few weeks, we have published real-time market commentary as the correction proceeded. The goal was to help investors navigate the more dire outcomes promoted on social media. A largely unexpected outcome was that the S&P 500 outlook […]

Five weeks of losses, one ceasefire announcement, and the market exhaled — at least for now. The week opened on a knife's edge. Trump's self-imposed deadline for Iran to reopen the Strait of Hormuz or face escalation kept futures volatile and conviction thin. Monday churned with no direction, the S&P closing essentially flat. Tuesday was similarly tortured. The index swung by more than 1% intraday before settling with a 0.08% gain as Pakistan urged a two-week extension.

On Wednesday, Delta Airlines announced it beat earnings expectations and, more importantly, its CEO maintained previous forward guidance despite the sharp increase in jet fuel prices. Delta CEO Ed Bastian cited a $2 billion quarterly fuel headwind caused by the […]

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.

Upon hearing of the ceasefire, oil prices plummeted by nearly 20%, and the stock market surged. In doing so, the S&P 500 broke well above resistance. Accordingly, the old resistance of the 200-day moving average (DMA) now becomes support. While […]

While tech giants invest billions in AI, Apple executives are quietly sitting on their hands and a mountain of cash. Given the massive growth in AI investments, as shown in the graphs below, executives of leading companies at the forefront […]

Berkshire Hathaway now sits on $373 billion in Cash. They have enough to buy 480 companies in the S&P 500. For context, this is the largest cash stockpile since 2008. At that time, Berkshire used its cash not to buy […]

While Investors remain fixated on the Iranian conflict and the extreme volatility of oil prices, a historic wave of AI-driven IPOs is quietly building in the background. When the geopolitical fog clears, AI-related IPOs may become an important market narrative […]