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Markets Featured

Top 10 Stocks to Watch — Wednesday, July 22: Big Tech Earnings Night

Alphabet, Tesla, Texas Instruments, and IBM all report after the close tonight — while Super Micro's $60B AI backlog and rising oil set the premarket tone. The ten names we're watching into the open, ranked by catalyst.

Macro Featured

For the First Time in Fifty Years, the New House Is the Cheap One

For the first time in five decades, a new home is cheaper than an existing one. Builder rate-buydowns engineered the discount; rate-locked boomers froze the resale market. The inversion nobody outside the industry is watching.

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Space Economy Featured

Low Earth Orbit Just Got Too Expensive to Insure

The CRASH clock fell from 121 days to five. As LEO fills with 54,000 tracked objects, the space insurance market is repricing faster than the satellites can adapt — and the money is moving to whoever can track the traffic.

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Geopolitics Featured

America Is Racing a November Deadline for the Metal Behind Every Bullet

China's ban on antimony, gallium, and germanium was lifted only until November 27, 2026. The race to reshore the metal behind every bullet is one of the year's most under-priced trades.

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Markets Featured

China Pharma (CPHI) Ran 790% in a Day on $168,000 of Cash. The Float Math Is the Whole Story. Here's the Distribution.

China Pharma (CPHI) spiked ~790% in one session on no catalyst, turning over its entire share count twice in a day. The company holds $168,474 in cash and has grown its share count 12-fold in 15 months. The float math, the shelf that lets them sell into the spike, and three scenario price zones.

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Markets Featured

Michael Burry Is Buying the Sportsbooks Wall Street Gave Up On

Michael Burry just went long DraftKings and Flutter — the two stocks the market left for dead on the bet that prediction markets win permanently. His wager is that Washington closes the loophole first. Here's the trade, and the one court ruling that breaks it.

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Markets Featured

Copper Hit a Record. Now Its Biggest Customers Are Designing It Out.

Record copper prices were supposed to reward the shortage trade. Instead they crossed the line where automakers and utilities re-engineer the metal out — while the smelters in the middle collapse on zero-dollar fees. The consensus is long the thing that ends the move.

Finance Featured

Wall Street Just Reinsured Your Retirement in Bermuda

Americans are buying guaranteed retirement income at a record pace. The insurers writing those guarantees have quietly moved $2 trillion of the risk into private-equity-owned offshore reinsurers — and in 2026, regulators finally started forcing it into the open.

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Markets Featured

Top 10 Stocks to Watch — Tuesday, July 21

A risk-on tape led by a crypto-and-compute melt-up runs straight into the heaviest earnings stretch of the summer: Tesla and Alphabet report tomorrow night, Intel Thursday. Ten names, ranked by how dated the catalyst is.

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Markets Featured

IREN (IREN) Just Sold 85% of a $4 Billion Run-Rate. The Gap Between ARR and Revenue Is the Whole Trade. Here's the Distribution.

IREN raised its year-end AI Cloud run-rate target above $4B with 85% under contract and jumped nearly 20% — but ARR is not GAAP revenue. The share count, the convertible stack, and three scenario zones behind a $14B cap.

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Energy Featured

Did Europe Just Give Up on Carbon Pricing?

Brussels just slowed its own carbon market and widened the carbon tax at its border. The headlines say climate retreat. The money says the cost of carbon is moving from European factories to everyone who sells into them.

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Macro Featured

The World's Largest Creditor Is Coming Home

Japanese government bond yields just hit their highest since 1996 — and the capital that quietly funded US Treasuries for thirty years is starting to turn inward. The slow repricing has already begun.

Macro Featured

The Bond Trade of 2026 Is Denominated in Pesos and Rand

The dollar has fallen to four-year lows, and American portfolios are built for the regime that just ended. The cleanest way to be paid for a softer dollar is the one asset class US investors are conditioned to avoid.

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Geopolitics Featured

Why the U.S. Navy Is Shopping for Warships in South Korea

The U.S. Navy just asked South Korean yards whether they can build its destroyers and oilers — the first crack in an 80-year ban on foreign-built warships. The stocks are pricing the order book; Congress is drafting the veto.

Markets Featured

What Happens When America Stops Drinking?

Americans' drinking rate just hit a 90-year low — and this month the decline moved from survey data to layoffs, bar closures, and multi-year stock lows. The market isn't pricing one alcohol trade. It's deciding who survives a smaller pool of drinkers.

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Markets Featured

10 Stocks Worth Watching This Week: The AI Unwind Meets an Earnings Gauntlet — July 20–24, 2026

Semiconductors just shed over $1 trillion on the Kimi K3 shock, oil is back near $90 on the US–Iran war, and Alphabet, Tesla, and Intel all report within 48 hours. The 10 names that matter this week.

Finance Featured

Why Big Pharma Finally Went Psychedelic

Eli Lilly just agreed to pay up to $3.8 billion for a psychedelic drugmaker whose lead asset is synthetic toad venom — days after the FDA put the first psilocybin therapies on a fast track. The 30-year freeze in the depression drug market is breaking, and the repricing has started.

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Markets Featured

Top 10 Stocks to Watch — Monday, July 20

Earnings week opens with Brent above $90 and catalysts stacked at both ends of the session: steel and regional-bank prints tonight, a biotech two events from a binary readout, and the mega-cap reports that decide the AI trade. Ten names, ranked by catalyst.

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Markets Featured

SELLAS (SLS) Is Two Deaths From a Phase 3 Answer It Can't See Yet. Here's the Distribution.

SELLAS ran near ten-fold in a year on a pivotal AML trial that's event-driven and just two deaths from its final analysis. The balance sheet, the ~197M-share cap, and the three scenario zones before the 80th event prints.

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Macro Featured

America Is About to Tie Childcare to Your Job

Washington's answer to the $172 billion childcare crisis finally arrived — as a tax credit routed through employers, not public funding. The last time America did this with a benefit, it was health insurance in 1943. Here's who collects this time.

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Markets Featured

Nobody Told the Central Banks Gold Was Correcting

Gold has fallen 28% from its January high and retail is calling the top. The buyers who set the floor — central banks — are accumulating at record intent. The correction is an entry, not an exit.

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Defence Featured

Why the Defense Supercycle Has a Congress Problem

The Pentagon's $1.5 trillion budget was always two documents stapled together. On July 15, the House put a price on the second one: 17 cents on the dollar. Here's what it means for every defense thesis written this year.

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Finance Featured

Why $8 Trillion in Cash Isn't Coming to Save the Stock Market

Money market funds just hit a record $8.3 trillion — and the managers running them just positioned for rates to stay high. The 'cash on the sidelines' bull case has a flows problem, and the real trade is whoever tolls the pile.

Macro Featured

Is America About to Stop Building Houses?

Builder confidence just hit 34, a third of builders are cutting prices, and unsold new-home supply is at post-2008 highs. The only part of the housing market that still worked is shutting down — and that makes the affordability crisis worse, not better.

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Finance Featured

CareDx (CDNA) Jumped 36% as Medicare Ended Its Three-Year Reimbursement War. What's Actually Priced In Before July 30?

Medicare's final LCD affirmed coverage above current utilization — one year after the draft that sank CDNA to $11. The balance-sheet math, the rate fine print bears will grab, and three scenario zones before July 30 earnings.