42% of the S&P 500 companies report earnings this week
Source: zerohedge, BofA
Globally, less than 5% of the MSCI All-Country is at 52-week highs (despite the index at ATHs)
Source: Bloomberg, David Ingles
Defense stocks are getting crushed during this war.
Source: Jim Bianco, Biancoresearch, Hedgeye
Hard to believe these numbers are month to date gains...
Source: TrendSpider
On March 30, the S&P 500 was down 7% in 2026, the 12th worst start to a year in history.
After one of the biggest 4-week rallies ever, it's now up +5% YTD and above the average year at this point in time (+3%). There is no impossible in markets. Source: Charlie Bilello
Meet the first clear casualty of AI disruption: Chegg.
Once a go-to platform for homework help and textbook rentals, it’s now in steep decline—its stock has collapsed nearly 99%, trading under $1 with a market cap around $100 million. Revenue has fallen dramatically from its 2022 peak, signaling a rapid unraveling of its core business. The shift is simple: tools like ChatGPT didn’t just compete with Chegg—they made it obsolete. When students can get instant, high-quality answers for free (or far less), the old model struggles to survive. This isn’t just one company’s story—it’s a turning point where AI disruption became real, fast, and unforgiving. So the real question is: who’s next?
S&P500 $SPX has surged right into the upper trend line in place since last autumn.
The perceived bull has been stronger than the actual bull in recent sessions. We’ve gone from undershooting to aggressively overshooting the 200-day MA, in a very one-directional move. Source: TME
If you invested $10,000 in $CAR on Wednesday, Thursday night you would have $2,900 left...
Source: Brew markets
