I had a different plan for what I would discuss this weekend. However, given the wild market action we saw today, it seemed appropriate to talk about turbulence. I’ve traveled extensively throughout my career, visiting more than 200 cities over a 15-year period. While I don’t miss required travel, I do enjoy recreational trips, though
The S&P 500 needs to drop 10% just to reach fair price for 2026. That could be coming sooner than we think. Meanwhile, one defensive sector is sitting in oversold territory offering a 3% dividend, 18% annualized premium income, and another 10% in potential appreciation. That’s a possible 31% return while the broad market figures
Do you like cookies? I do. I try not to eat them anymore as I need to watch my sugar intake, but I can easily state that they are my favorite. Compared to pies, cakes, puddings, mousses, or any other dessert, cookies are the best. Despite not eating cookies now, I have personally eaten enough
Financials hit record highs in late 2025. Volume has declined for six straight months. One of those facts is a buy signal. The other is a warning. They can’t both be right. Price making new highs on shrinking volume is one of the oldest divergence signals in technical analysis. It means fewer participants are driving
The dollar index traded a 14-point range in 2025. The average is 8 points. That’s 66% wider than normal with higher highs and lower lows than the previous two years combined. This kind of expansion doesn’t happen randomly. It signals a reset. A new trend forming. The dollar finished 2025 below the lows of 2023
The S&P 500 is stuck. Money is rotating inside equities but not flowing in. Bonds are selling off. Nobody wants to commit. This is not the time to chase high-flyers. I’m looking at one number before I buy anything right now: beta. Beta tells you how much a stock moves compared to the broad market.
Friday was a mess. Triple witching. Three Fed speakers. A long weekend ahead. The kind of session that chews up futures traders and spits them out. Gold dropped 85 points in minutes. The Nasdaq whipped 20 points in both directions before most traders finished their coffee. Every breakout reversed. Every signal faked out. And yet
Silver has doubled its value relative to gold in twelve months. That move has only happened twice in the last 45 years. Both times preceded major economic inflection points. In 1980, it marked the peak of stagflation before the Reagan era began. In 2011, it signaled the end of the post-crisis commodity boom before a
Two weeks ago, we talked about review. Today, we talk about planning ahead. Review shows us where we’ve been. Planning shows us where we’re going. You can review what you did right and wrong all day long. But without a plan, you’ll repeat your mistakes and forget to repeat your wins. My son is working
Every trader faces the same question after entering a winning position. Do I take profit at my target? Or do I let it run? Most traders have no system for this decision. They rely on gut feeling, greed, or fear. The result is inconsistent execution and money left on the table. The Core Principle If
