In this week's episode, we discuss why one important group of investors will not be as reluctant as they are right now to lower their exposure to the AI industry in a much more meaningful way in the new year...as it is becoming more and more evident (obvious) that the profitability of AI is n ot going to be as strong or as broad as investors had been thinking......We also highlight several groups (and stocks) which should benefit from any rotation out of the tech sector in 2026.

The "set up" for the bond market and the stock market are very different as we head into the Fed's December meeting.  Why discuss why we believe this divergence will end very soon...and while it will have profound implications for both asset classes......We also touch on several specific stocks which we believe will outperform in the months ahead.

In this week's edition, we discuss why one key asset class should outperform all others...over BOTH the near-term AND the longer-term...and who the winners and losers will be from these moves.  We also review the recent results from the Black Friday sales and highlight which stocks should benefit from today's consumer trends.  Finally, we talk about which stocks should do well if the market sees a Santa Claus rally.

In this week's episode, we discuss how some subtle, BUT IMPORTANT, changes have taken place in the AI narrative, in the Fed's stance, and in the credit markets...which raise questions about whether the recent bounce in the stock market will have legs.  We also highlight the stocks and groups which will likely outperform over the rest of this year. 

In this week's podcast, we talk about how something very important HAS changed with both the AI trade and with the Fed.  This is taking place at a time when the stock indices and the Treasury bond prices are testing critical support levels.....Therefore, the action in the market over the next week or to is going to be critical for how the markets act over the rest of the year.

The end of the government shutdown is positive, but since it didn't hurt the market, it won't help it for long now that it's over.  Instead, the action in the tech stocks will continue to be KEY...and it has not been very smooth lately.  Therefore, we're still worried about a near-term pullback in the markets.  Finally, we highlight two stocks that are getting ripe for a breakout.

In this week's podcast, we discuss why no matter where the market is going over the intermediate and long-term, it's ripe for a near-term pullback...led by the chip stocks.  (We also discuss why our short-term negative calls on Palantir and AMD have worked so well.)....We also highlight how the credit markets are creating problems....and the outlook for the precious metals and Bitcoin.

In this week's edition, we describe why the stock market is at a critical juncture and why this week's Fed meeting and (especially) the earnings from "big tech" hold the keys.....Despite the general narrative on Wall Street, earnings growth estimates have not increased much at all.  So, we need good news from the tech sector...and more accomodation from the Fed...to keep the rally going near-term.

After seeing Beyond Meat rally 1,400% at one point this week, there is little question that the is an extreme level of speculation in the stock market.  When you combine this action with the incredibly stretched valuations based on the promise of big earnings at some point in the future...and we're definitely looking at a bubble.  However, they keep inflating for a very long time.  So, in this week's edition, we discuss what we'll be looking for to signal a top...and cover which stocks/groups should outperform in the mean time.  

In this week's edition, we discuss why the tariff situation with China is not going away.  China has not had to give in much at all......Also, the upcoming earnings season is going to be critical.  Earnings have not been the big driver that many on Wall Street are trying to say it is.  Multiple expansion has been the key...and that is not sustainable.

The stock market is definitely in a bubble, but this does not mean that it cannot move higher before it bursts.  We talk about where to play things aggressively now...while keeping some defensive plays.

In this week's edition, we discuss the technical outlook for the major stock averages...as well as for the key technology ETFs.  We also highlight two key tech names which have been lagging, but are poised to play catch up if the tech rally continues.....On top of these issues, we talk about which developments could create some volatility as we move into the month of October

In this week's podcast, we discuss why it is becoming very apparent that global sovereign debt markets are finally starting to price-in the problems that are growing with budget deficits around the world.  It won't be long before it impact global stock markets (including in the US).

In this week's edition, we talk about how this momentum driven market could still rally further...and what groups will lead the way if it does.  However, we also show why this is NOT a fundamentally driven rally...despite how so many Wall Street pundits try to portray it.  Therefore, investors HAVE to remain VERY nimble.

In this week's episode, we discuss how the history of the past 25 years shows that a meaningful drop in interest rates usually signals an outside slowdown in growth.  That in turn, is negative for the stock market, NOT positive.  Now that the employment picture is deteriorating, the economic outlook is becoming more important than AI...especially since the ROI on AI spending continues to be very poor.

In this week's edition, we discuss how the rise in GLOBAL long-term interest rates is showing that the bond market is finally starting to seriously take budgetary issues into consideration.....We also discuss one ETF which NEEDS to be followed extremely closely over he coming weeks....Finally, we provide a few new ideas to play on the long side of things

It this week's edition, we spend a lot of time talking about why investors should be careful about assuming that the Fed will cut aggressively (at all) going forward.  So, they shouldn't be using it as a reason to think stocks will push a lot higher.  The Fed does not get aggressive until the market has already fallen in a significant way......Also, we touch on what we think can outperform over the coming weeks.

In this week's podcast, Mary and I discuss some of the newest developments in the marketplace and how they're showing some concerning cracks in this rally.  The impact of the tariffs are just starting to begin...and despite what we hear & read in the financial press, this earnings season has not been anywhere near as impressive as they portray it.......However, we provide some ideas that should work well over the rest of the year...whether the rally continues or not!

In this week's edition, we discuss why the odds are much higher than most investors realize that the stock market is very likely getting very close to an important top......We're in a bubble, and when bubbles burst, they are always followed by a bad bear market...not just a correction or even a run of the mill bear market......Therefore, investors need to be acting accordingly. 

In this weekend's podcast, Mary and I discuss which earnings reports will have the biggest impact on the markets this week.  However, we also talk about the Fed and why it's so important to avoid misinterpreting what they do and what their goals really are.  This will be very important for investors over the rest of this year.