Retired November 2025 – 9:25
Start the week with the “9:25” – you’ll get up to speed on what’s moving your money in the markets by the 9:30 open. Formerly, The Market Brief.
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This is the wildest C-suite move I’ve ever seen. Starbucks (SBUX) poached Chipotle’s (CMG) all-star CEO, Brian Niccol. CMG is down 12%, shedding $10 billion in market cap. SBUX is up 22%, adding $16 billion in market cap. While this may seem like flattery, I believe Brian Niccol is worth every dollar. Brian is a…
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Weekly Performance S&P 500 -0.04% Equal Weight S&P 500 (RSP) 1.92% NASDAQ -0.18% DOW -0.60% Russell 2000 (VTWO) -1.35% Talk of the Tape After a flash panic caused by the yen-carry trade unwind, market prices and sentiment recovered nicely as economic data and earnings alleviated economic concerns. Although Monday’s panic had little to do with…
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What Are You Looking At Given the context of the sell-off – with tech at the epicenter of the yen-carry trade unwind – it is not a surprise that recovery in the tech-heavy NASDAQ looks the least convincing. The S&P 500, with its 32% allocation to tech, isn’t faring much better. I view the recoveries…
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Weekly Performance S&P 500 -2.06% Equal Weight S&P 500 (RSP) -2.02% NASDAQ -3.35% DOW -2.10% Russell 2000 (VTWO) -6.67% Talk of the Tape Although Powell teed up a rate cut for the next FOMC meeting in September, convincingly soft labor data created a narrative that the Fed may already be too late in normalizing financial…
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Weekly Performance S&P 500 -0.08% Equal Weight S&P 500 (RSP) -0.56% NASDAQ 0.24% DOW -0.08% Russell 2000 (VTWO) 1.27% Talk of the Tape It was a great week for the soft landing camp. Doves sang as PCE and GDP data came in supportive of a victory cut this year. Bulls charged as an upside surprise…
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Weekly Performance S&P 500 0.61% Equal Weight S&P 500 (RSP) 1.39% NASDAQ — DOW 1.45% Russell 2000 (VTWO) 0.79% Talk of the Tape An end of week reversal from the hottest secular growth stocks – Nvidia, Broadcom, Chipotle, Apple, to name a few – that flowed into the rest of the market, allowed for a…
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Weekly Performance S&P 500 1.58% Equal Weight S&P 500 (RSP) 0.10% NASDAQ 3.24% DOW -0.54% Russell 2000 (VTWO) -1.01% Talk of the Tape The indices tallied impressive performances behind a light May CPI and an agreeable FOMC. However, the average stock didn’t do as well. Huge moves from Apple (AAPL) and Broadcom (AVGO) propped up…
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Weekly Performance S&P 500 1.32% Equal Weight S&P 500 (RSP) -0.95% NASDAQ 2.38% DOW 0.29% Russell 2000 (VTWO) -2.10% Talk of the Tape Although the major indices exhibited resilience, Payrolls for May were indisputably strong, fueling legitimate concerns that upcoming inflation data will be higher than expected. The Week Ahead Monday Tuesday Wednesday Thursday Friday…
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Weekly Performance S&P 500 -0.51% Equal Weight S&P 500 (RSP) — NASDAQ -1.10% DOW -0.98% Russell 2000 (VTWO) 0.02% Talk of the Tape The Personal Consumption Expenditure (PCE) Index aligned with expectation, providing real evidence interest rates are sufficiently high to achieve the Fed’s 2% inflation mandate. For the first time in recent memory, hardware,…
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Weekly Performance S&P 500 0.03% Equal Weight S&P 500 (RSP) -1.30% NASDAQ 1.41% DOW -2.33% Russell 2000 (VTWO) -1.24% Talk of the Tape Nvidia did it again. Jensen provided an ample spark to work with. Although I am uncertain it will fully reignite the AI-halo, the report justifies expectations for S&P 500 earnings growth. By…
Gorilla With Glasses 