Monthly Archives: May 2026

06May12:58 pmEST

A Bull Market to Die For

The melt-up in the semis (AMD a big reason why today) and QQQ is becoming more extreme by the day, leaving countless open gaps below as the AI-related charts go vertical and leave virtually everything other stock and sector in the dust (for the time being). Putting to one side the constant hopeful headlines on Iran for a peace deal, beyond the...

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05May2:37 pmEST

Getting Acclimated with Crack

In the energy complex, a "crack spread" involves the price difference between crude oil and its refined products, such as jet fuel, gasoline, and diesel. Generally speaking, higher crack spreads directly benefit the refinery firms as their profit margins surge and they are capturing more revenue per barrel processed. Of course, they tend to...

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04May3:24 pmEST

The Pond is Shrinking

By now you have likely heard of the chronic case of bad breadth that the S&P 500 is experiencing, meaning poor overall participation from a proliferation of stocks and sectors. That said, bulls are all too eager to counter that a shrinking pond is irrelevant these days, as the likes of GOOGL, MU, and SNDK (among others) go up every single...

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01May3:20 pmEST

Afternoon Update 05/01/26 {Video}

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