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Earnings season is the heartbeat of the market, and every day brings fresh signals about where money is flowing.

With each report, we learn not just how companies are performing, but how investors are reacting.

In the Daily...

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One Percent Days 10082025

Today's number is... 31

The S&P 500 has gone 31 consecutive trading days without moving more than 1% in either direction. That’s the longest stretch of calm since January 2020.

Here’s the chart:

...
The Daily Number
Grant
island time
 

 

Hello Again, Spirit Animals!

I'm headed away with my family on a much-needed tropical vacation.

The markets have been good to me, and it's time to step back and appreciate that goodness with the people who are my heart...

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It's Never This Loud

The market is made to fool the majority most of the time.

That line from Reminiscences of a Stock Operator has aged better than any economic model I’ve ever seen.

(I can’t remember the exact quote as all my books are...

Thompson's Two Cents
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We’re in an environment where it feels like you can throw a dart and hit big. Everyone’s a Soros. Everyone’s a Peter Lynch.

Risk appetite is alive and well. We’re all making money. 

Nowhere is that more...

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In today’s Daily Digest, we’ll review the following:

  1. New position in KRE.
  2. No adjustments are needed today.
  3. No exits since the last report.
  4. Current status of open campaigns...
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Welcome to Boomtown

Most natural resource stocks, even the bellwethers of Metals or Energy, for example, can’t scale to $3 Trillion in market cap. They’re not those types of companies - they’re just not built like the...

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There were no S&P 500 earnings reactions on Monday, but we want to tell you about a crypto stock that looks ready to take off. 

Something significant is happening in the Bitcoin mining industry, and it has very little to do with Bitcoin...

Daily Beat

Sector rotation is the lifeblood of any bull market.

As we head into Q4, I’m thinking about where the next wave of outperformance comes from.

Small-caps have been left for dead. Nobody wants to touch them, and sentiment couldn’t be more...

Alfonso's Daily Note
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Risk On Off Index

Today's number is... 4

The Risk-On Index just reached a 4-year high. The last time it was this elevated was June 2021.

Here’s the chart:

 

Let's break down what the chart shows:

  • The...
The Daily Number
Grant

In case you haven't heard, a raging bull market in precious metals is underway, with miners leading the charge. 

The Gold Rush is on.

...

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Health Care has been one of the weakest sectors year-to-date. 

As of last week, it was even underperforming Staples—hardly the kind of stocks you want to own in a bull market. 

Needless to say, this...

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