FlashNotes

What a difference the air in the Swiss Alps must make, huh? This rally isn’t going to win over any hearts easily, but armed with the lived experience of markets just three years ago, I think it would be silly to write off the possibility that the low is in.

A Gorilla’s thoughts on 3 headlines from the week as the S&P 500 appears to have reached resistance.

With the iShares Insurance ETF (IAK) separating from its 90-day SMA, a breakout above its all-time high is in play. Take a closer look at the top two constituents of the index (and a bonus name adjacent to the action) to determine if this opportunity is right for you.

Cybersecurity stocks have found their footing. Bullish momentum indicators suggest potential breakouts, particularly for Fortinet as it eyes new all-time highs. Explore the technical setups and how this could be a pivotal moment for cyber names.

Although fear has returned to the equity market—manifesting itself in some lousy price action—valuations remain rich, which means earnings need to perform to justify them. King Dollar (USD) could be the greatest threat to earnings. 

“Japan is a hospital. China is a jail. Europe is a museum. The U.S. is a business.” Why would you put your money to work elsewhere? Nick Colas, co-founder of DataTrek Research, summed it up perfectly. I believe he workshopped this quote from Lawrence Summers, who served as U.S. Treasury Secretary from 1999 to 2001.…

The easiest arrow to land against stocks is that they’re too expensive. As reported by The Wall Street Journal, the S&P 500 began 2025 with a price-to-earnings (P/E) ratio of 24.7x trailing and 21.4x forward. These figures exceed the averages over the last 5 years (19.6), 10 years (18.1), 15 years (16.4), 20 years (15.8),…

You buying this chart: Chipotle (CMG)? Spoiler Alert: I am. Like, right now. If you’ve read my work, you likely know my love for Chipotle: both the food and the stock. It was the first stock I ever traded and is the reason I became a stock-picker. Last week, the stock defended the 50-day SMA,…

For those unfamiliar, Ripple was launched in 2012 with the ambition of disrupting (a friendly way to say “replacing”) SWIFT by offering a quicker, lower-cost alternative for international money transfers and currency exchanges. The ETF industry already has its eyes on this digital asset, with paperwork well underway at the SEC. Probability of executing on…

Even adjusting for expectations, Nvidia’s quarter was awesome. While I couldn’t have foreseen the market’s response to yesterday’s print, I find it very healthy. 🔥 Had Nvidia gapped up again, it would’ve started to feel frothy. Too hot. ❄ Had Nvidia gapped down, we would’ve questioned what the market has priced into stocks. Too cold.…