The Duck Market. While the major indexes have been drifting sideways since October, don’t let the surface calm fool you. We are currently navigating a “Duck Market”- placid and unmoving on top, but with a
The AI Stack. During the California Gold Rush, hundreds of thousands went looking for gold. Very few found it. Most miners made little or nothing. But some people made reliable money: the ones selling the
AI Disruption & War. This market is getting more and more frustrating. AI is going to transform everything – business, education, society – and instead of working out how we are going to use it
The Psychology of Boredom. Since late October, SPY and QQQ have been going nowhere. Plenty of headlines. Plenty of “analysis.” but the reality is just motion without progress. Push to the top of the range.
AI & the Dow. The Dow reached a new milestone (50,000), and stayed above it for four days – then retreated. Why? The usual ‘AI bubble bursting’ explanation. I’ve been pondering the effect AI is
Is it a SaaSpocalypse? It has bothered me for some time that technology stocks are all lumped together. “Tech” has become one of those lazy market labels and covers everything from cloud infrastructure to social
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