The market’s turbulence continued last week, although we wrapped up the week with a split tape. Only the Dow finished higher, while the S&P 500 and Nasdaq were down. That isn’t exactly my definition of a “risk-on” market environment. Nonetheless, bulls made some modest strides last week, which I’ll share in just a moment. The key here is to realize the stock market is adjusting to the prospect of lower rates for the remainder of the year – let’s talk about which sectors stand to benefit the most… Bulls Come Back Up for Air The top-performing sector last week was financials (XLF), and they weren’t messing around as they closed up over 2.8% on the week, and at their highest weekly and monthly level in history. Financials are one of those sectors where I like to ask my fellow market participants, “Do you think this is a sector that’d be

By now, the Department of Government Efficiency (DOGE) is a household name; however you feel about it, it’s an undeniable force shaping government right now.  This week in TheoChat we cut through the noise and got straight to what really moves markets.  Let’s get one thing straight: DOGE is not just another bureaucratic reshuffle—it’s a market-moving force that is reshaping the way money flows through the economy. This is about massive structural changes in government spending. Some companies are going to win big, and others are going to get steamrolled. So what happens when the government slashes bloated programs and reallocates funds toward modernization? Winners: AI, quantum computing, defense tech, cybersecurity, automation. Losers: Outdated government contractors, social programs, and legacy infrastructure. Institutional money is already reacting. They’re shifting capital out of U.S. equities and into bonds and Chinese markets. Why? Because uncertainty creates fear, and big money is looking for

Note: I’ve been going live every morning at 10:30 AM Eastern to run through a list of stocks I created – a list of stocks that Elon Musk DOGE is putting into play right now. These stocks are moving in different ways, but each of them could double your money. Make sure you’re getting the whole story and all my DOGE names here.  The Department of Government Efficiency (DOGE) is not just another bureaucratic initiative—it’s a market-moving force that is reshaping the way money flows through the economy. I’ve been watching this closely, and what I see is a fundamental shift in government spending that is creating clear winners and losers. This isn’t about small adjustments; we’re talking about massive structural changes that are forcing government agencies to do more with less. So what happens when the government slashes bloated programs and reallocates funds toward modernization? We see volatility. We

Institutions Are Packing Some Serious AI Heat By Greg Madison for Professor Bierman Hi, everybody! It’s Greg here with you. I hope everyone’s having a great weekend, and folks in the weather’s path (yours truly included) are staying safe out there.  When Professor Bierman first lays his big-picture thesis to you, with words to the effect of “fundamentals don’t matter, data doesn’t matter, algorithms and AI are calling the shots,” it can sound almost wild-eyed, almost like a conspiracy theory. But then he explains and it makes perfect sense. As it turns out, we’re far from “grassy knoll” territory – Bierman’s assertion is well-supported by the literature and facts.  Once you understand it, it works on a gut level, too: Why would a company which operates at a loss, which makes no discernable product, and whose stock trades at double-X multiples, and which makes consecutive highs… do that? Who’s buying

Professor Bierman is on vacation for the next week or so, and he asked me to keep in touch with everyone at Man vs. Machines while he takes a well-deserved break.  Now, what I don’t know about machine-markets could fill a book, although I’m learning… learning…  I’m old enough to remember it; I was working in a financial newsroom, still fairly green, when it happened.  It was a massively eye-opening experience I remember well, some 14 years later. Here’s what you need to know… One Thursday afternoon, machines run amok blew a hole a mile-wide, trillion-dollar hole in the Big Indexes. It caused absolute mayhem for more than half an hour before the exchanges got it under control.  The culprit was… spoofing algorithms, placing around $200 million in bearish bets. It was my first introduction to the oversized role machines play in the markets and, essentially, the first time I

From a Reuters article this week: “A U.S. stock rally supercharged by excitement over artificial intelligence is drawing comparisons with the dotcom bubble two decades ago, raising the question of whether prices have again been inflated by optimism over a revolutionary technology.” Reuters would never come out and say this, but from where I’m standing there is no question: Optimism (and hype) surrounding a “revolutionary technology” – AI, of course – has created a bubble of monumental proportions. To call prices “inflated” is like calling the Pacific Ocean a puddle at this point.  AI is driving tech sector performance, and tech sector performance – just 10 or 15 stocks – is driving virtually all the gains on the S&P 500 this year. But there’s another “side” to the AI story – one that doesn’t typically get discussed out there in the media.  Everyone and their mother knows about AI stocks

Professor Bierman here, alerting you to a virtually stressless P&G trade, created by unrelenting Wall Street algos! P&G’s volumes are down, and they’re not gaining traction and market share. Inflation is squeezing folk to death! Shelling out a premium price for toothpaste is rough sledding. My strong suspicion is this: algos noticed that P&G escaped a volatility band, making the stock technically “overbought”… The algos smelled blood! Check it out… There’s virtually no green candles. The algos suck away all of the volatility! See how easy this trade is! Look: It’s not just P&G.  I’m just scratching the surface.  Algos are getting up to no good all around the stock market. I’m on a mission to track them down so you can ride their movements and cash in on the A.I. revolution! Stay tuned! To your success, Professor Jeff Bierman, CMT

Professor Bierman here, and I’m here to tell you that AAPL – Apple’s pretty much a “fake stock” at this point. Yep, they had a stock buyback… but BIG DEAL! It’s nothing more than a wet band-aid on a gaping wound. Apple missed the A.I. boat.  Warren Buffett, their biggest shareholder, is unloading shares. There’s *crickets” in terms of anything remotely exciting in the product pipeline. And the market now sees things the same way.   Hence why the algos saw Apple defecting in the other direction from virtually every other bullish tech stock. They smelled blood and they pressured it down, like Whack-A-Mole… and as I write this they still haven’t let their jackboot off of Apple’s throat.  You can see it right here… What does this mean to you? It means that over and over, the algos are creating virtually “one sided trades” where they push price UP or DOWN for extended

Professor Bierman here… Urban Outfitters (URBN) hit a major “manipulation groove” today. The algos jammed it up! The thing you need to understand about algos is they sniff out trends. Yet they’re programmed with such a confluence of data points… sometimes it’s impossible to know what trend they’re actually following. That’s the case today with URBN…just look at it! The algos just kept walking it up and up and up… while they sucked out any whiff of a two-sided trade. What was the trend they were chasing? Who knows?! There was no news on retail. They just swaggered in, flexed their buying muscles, and squeezed the heck out of it! And a whole bunch of other retail stocks too! One telling hallmark of stealth A.I. activity is the beautiful, curated channel you see above. The algos are NOT about to let price escape that channel. It’s a hijack in progress! When you see it

Professor Bierman here. And boy, Royal Caribbean really felt the gut-punch of the algo army today. Take a look at this chart and I’ll explain what’s happening and how you could have potentially made money. Here’s the deal: Social media giant, Benzinga “red flagged” the stock after spotting some unusual options activity. Some whale traders then took big bearish option positions. And the “heads up” to this action came out early. The fall began right at the opening! 80,000 shares traded in the first one minute, which is enormous for any hour of the day. You can guess what happened next. Algos sniffed out the heavy volume. They picked up on the buzz on social media boards… and they drove the price right through the floorboards.  The PURPLE line you see above is a gravity point. Once price got past that gravity point it was Goodnight! You could have got in and confidently