Long Term Thinking: The Key To Mastery
Things happen in their own time, not when you want them to – Lau Tzu, Tao Ching If there was one thing I would like to go back in time and tell my younger self it’s to think long term….
Why I Suspect This Is A Bear Market Rally
I have been going back and forth over the last week or two: Bear Market Rally or Correction In An Ongoing Bull Market? In the wake of the strong bullish reaction to Google’s (GOOG/GOOGL) 1Q25 earnings report on Thursday April…
Reflections on Buffett and The Future of Berkshire
At Berkshire’s annual meeting today in Omaha, NE, Warren Buffett announced that he will be stepping down as CEO at the end of the year and handing the reigns to Greg Abel – ending an epic 70 year career in…
The Market Is Ahead Of Itself; PLTR Earnings Monday
The market has recouped all of its losses suffered in the wake of Liberation Day. It looks like a V-bottom but I’m skeptical for a couple of reasons. One, there is still tremendous uncertainty about the outcome of the trade…
Good Not Great Mag 7 Earnings May Not Be Enough To Sustain Market Rally
Wednesday night I suggested that 5,650 might be the limit for the S&P if the recent bounce is in fact a bear market rally. And that’s exactly how things played out in Thursday’s session with the S&P reaching a high…
This Is Where Things Get Interesting
It’s been quite a rally the last few weeks as Trump has walked back the outrageous tariffs he announced on Liberation Day and 4 of The Magnificent 7 have reported solid earnings over the last week. 5,500 represents a significant…
6 Hands From Yesterday’s Bay 101 $1000 Last Saturday Poker Tournament
I drove from Davis to Bay 101 in San Jose early yesterday morning to play in their $1000 Last Saturday tournament. It’s a great one day tournament: players start with 40,000 chips and levels are 30 minutes long. Because of…
Chris Begg on Value Investing 3.0
I am currently about halfway through a fascinating podcast in which William Green, author of Richer, Wiser, Happier, interviews Chris Begg, Chief Investment Officer of East Coast Asset Management. One of the most intriguing concepts in the podcast is the…
GOOG Earnings, Breakout Pending, 1998 Analogy
Google (GOOG/GOOGL) reported 1Q25 earnings after the close Thursday. I think Gene Munster is right in characterizing the quarter as “good but not great” as Search Revenue growth continues to decelerate. Nevertheless, with the stock beat down over the last…
Bull or Bear? CMG Earnings, Gold Reversal
Obviously uncertainty is extremely high at the moment and so is the question of whether the market has bottomed or the powerful rally the last two days represents a bear market rally. From the standpoint of technical analysis, it is…