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The market stopped paying for spending.

The market stopped paying for spending.

TSMC grew earnings 77%, raised its budget, and fell 4%. There's the tell.

Jul 16, 2026

Apple hit a record. Micron fell 7%. Same sector.

Apple hit a record. Micron fell 7%. Same sector.

The picks-and-shovels trade just handed the baton to the platforms.

Jul 15, 2026

CPI 3.5%. The number that changed everything.

CPI 3.5%. The number that changed everything.

Largest monthly decline in six years. Warsh called it. Then Trump dropped the toll.

Jul 14, 2026

The Guardian of the Hormuz Strait.

The Guardian of the Hormuz Strait.

Brent surged 9.6% to $83. The blockade starts tomorrow at 4 PM. CPI at 8:30 AM.

Jul 13, 2026

The week that broke and held.

The week that broke and held.

A ceasefire died. 90 strikes landed. A $26B IPO opened 14% up. The S&P ended green.

Jul 10, 2026

The bombs are still falling. The market went up.

The bombs are still falling. The market went up.

One sentence on Air Force One flipped everything from red to green.

Jul 9, 2026

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