Daily Market Commentary Hedge Funds Sell, Retail Buys: Whose The Smart Money? Blog Griffin May Be Right About AI. The Timing Could Be Very Wrong. Daily Market Commentary The Market’s Biggest Buyer Is Stepping Back Bull Bear Report Stock-Bond Correlation: Oil Broke The Hedge. Oil Will Fix It. Daily Market Commentary Meta Splits: The Buyback Machine Shifts To Reverse Blog Fed Over-Tightening: How Much Runway Is Left Before It Bites? Daily Market Commentary Why Small Caps Have Recently Traded Like A Bond Proxy Blog Are Bonds Pricing In A Fed Policy Mistake? Daily Market Commentary Neoclouds And Hyperscalers: Same Concept, Different Risks Daily Market Commentary The Misleading Tech Sell-Off
Vol. XXVII · No. 134
Tuesday — October 27, 2026
Houston, Texas
Search Results

lance roberts

1,316 results found

Inflation Expectations And Real Yields Tell Different Stories Daily Market Commentary
— Daily Market Commentary · 5 months ago

Inflation Expectations And Real Yields Tell Different Stories

Since the Iranian conflict began, bond yields have risen sharply due to investor expectations of a spike in inflation. Recent inflation data shows those rising inflation expectations are somewhat justified. In March and April, the monthly rate of inflation, as measured by CPI, rose by 0.86% and 0.64%, respectively. On an annualized basis, those equate […]

RIA Team 7 min read
Its Not Just Nvidia: Three Chips Power The Boom Daily Market Commentary
— Daily Market Commentary · 5 months ago

Its Not Just Nvidia: Three Chips Power The Boom

When investors discuss the semiconductor chips driving AI infrastructure, they almost always key on Nvidia GPU chips. That’s not surprising, given the surge in Nvidia GPU revenue as we share below. Since 2024, GPU revenue has risen by over 1300% while Nvidia shares are up almost 400%. Nvidia has certainly played the lead role in […]

RIA Team 8 min read
The AI Economy: Looking Beyond The Facade Part 1 Invest
— Invest · 5 months ago

The AI Economy: Looking Beyond The Facade Part 1

The US economy’s curb appeal looks great. Consider that gasoline prices are nearly $5, crude oil is trading above $100, consumer sentiment is at historically low levels, and mortgage and other interest rates have remained relatively high. Yet, despite the worrisome headwinds, the US consumer-driven economy continues to expand. However, as with a house’s curb […]

Michael Lebowitz 7 min read
The NVDA Earnings Report: Could It Pop The Gamma Bubble? Daily Market Commentary
— Daily Market Commentary · 5 months ago

The NVDA Earnings Report: Could It Pop The Gamma Bubble?

As we wrote in Yesterday’s Commentary, the broad market indexes have surged since the April lows, driven largely by a handful of technology and AI stocks and the benefit of massive options volumes. Among the leaders is Nvidia (NVDA), climbing nearly 40% from the April lows. Tomorrow, NVDA reports earnings, which, given its leadership role […]

RIA Team 7 min read
The Fed Is Losing Its Biggest Dove Daily Market Commentary
— Daily Market Commentary · 6 months ago

The Fed Is Losing Its Biggest Dove

Jerome Powell’s term as Fed Chairman expires this Friday, with Kevin Warsh now confirmed by the Senate as his successor. The transition has implications beyond a change in the Fed’s leadership. Further, Stephen Miran, who was appointed Fed Governor in September 2025 to fill the vacancy left by Adriana Kugler, is seeing his term come […]

RIA Team 7 min read
Gamma And Momentum: A Recipe For Spikes And Tears Invest
— Invest · 6 months ago

Gamma And Momentum: A Recipe For Spikes And Tears

Intel (INTC) shares have risen 90% over the past month and more than 200% since the start of the year. Its competitors, Advanced Micro Devices (AMD) and Micron (MU), are posting similar gains. Many other semiconductor stocks, along with some computer hardware companies, are the market’s latest AI darlings. Momentum and gamma are driving the […]

Michael Lebowitz 9 min read
Temporary Jobs: A Good Leading Indicator Gone Bad? Daily Market Commentary
— Daily Market Commentary · 6 months ago

Temporary Jobs: A Good Leading Indicator Gone Bad?

When businesses have concerns about the economy, they often lay off or stop hiring temporary workers before firing full-time employees. For that reason, temporary staffing employment has been a reliable early warning signal of labor market weakness and recessions. As we share below, declines in temporary help services employment preceded the last three recessions by […]

RIA Team 5 min read
Commodity Supercycle: The Enemy Of The Bull Thesis (Part 1) Economics
— Economics · 6 months ago

Commodity Supercycle: The Enemy Of The Bull Thesis (Part 1)

The commodity supercycle thesis is everywhere right now. Bank of America's Michael Hartnett, one of the most widely read strategists on Wall Street, recently declared "commodities the biggest trade of the next five years," anchoring the call on deglobalization, chronic capital underinvestment, and a world drifting away from dollar dominance.

Lance Roberts 13 min read
Nicoletos: AI Makes A Case For Active Strategies Daily Market Commentary
— Daily Market Commentary · 6 months ago

Nicoletos: AI Makes A Case For Active Strategies

Michael Nicoletos wrote a thoughtful paper titled “The Index Trap,” making a compelling case that active investing, i.e., picking individual stocks versus buying baskets of stocks (ETFs), will outperform in the future. If correct, that would reverse the trend over the last two decades, in which investors increasingly relied on passive investment strategies. The following […]

RIA Team 8 min read