Archive

Aug 5, 2026

Skew & Signal #13

Amazon crossed $3 trillion, oil tumbled after Trump called off a strike on Iran, and Palantir's "otherworldly" quarter sent shares up nearly 30%. Sentiment has flipped decisively bullish, and the AI trade just roared back louder than it's been in weeks.

Aug 3, 2026

Skew & Signal #12

Amazon powered the Dow to a fourth straight winning month, then chip stocks crashed hard enough to trigger a $20 billion fund margin call over the weekend, while Japan and the U.S. jointly intervened to defend the yen. What looked like a relief rally Friday gave way to fresh cracks by Sunday.

Jul 31, 2026

Skew & Signal #11

Today’s read: The Fed held rates but spooked bond markets into their worst selloff since April, the Dow plunged over 1,150 points, then stocks roared back the very next day on strong Big Tech earnings. Two of the wildest, most contradictory trading days of the year happened back to back.

Jul 29, 2026

Skew & Signal #10

Oil crashed 9% as the U.S. and Iran paused strikes, futures roared back on the news, and traders are now pricing a nearly one-in-three chance the Fed hikes this week. A brief cease in hostilities just gave markets their best relief rally in weeks — but earnings season is about to test whether it lasts.

Jul 27, 2026

Skew & Signal #9

Oil pulled back from its $101 peak on fresh diplomatic signals, Intel blew past estimates, and markets are now split three ways between a peaking AI trade, an escalating war, and a Fed that might hike this week. A volatile week is closing with just as much uncertainty as it opened.

Jul 24, 2026

Skew & Signal #8

Oil broke $100, Treasury yields hit their highest level of Trump's presidency, and the "Magnificent Seven" earnings kicked off with a split verdict — Alphabet's cloud boom couldn't outrun AI-spending fears, and Tesla missed on profit. War costs and war premiums are now showing up directly in the numbers.

Jul 22, 2026

Skew & Signal #7

Oil topped $89 as the Houthis threatened a new naval blockade, Visa launched a stablecoin platform for banks, and Wall Street is betting nearly half its Q2 profit growth on a few dozen chipmakers. Energy risk and AI concentration are now the same trade.

Jul 20, 2026

Skew & Signal #6

Oil just posted its biggest weekly gain since the Iran war began, chip stocks logged their worst week since the AI boom started, and China's state investors stepped in to prop up a sliding market. Three signals, one theme: risk is repricing fast heading into a new week.

Jul 17, 2026

Skew & Signal #5

Chip stocks cracked even as TSMC posted record profits, a $53 billion bid emerged for PayPal, and the ECB signaled it isn't done hiking. The AI trade and the payments landscape are both entering a more turbulent phase.