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Daily Update

Nasdaq Is About To Make Wall Street Sleepy

Nasdaq Is About To Make Wall Street Sleepy

By Michael Lebowitz and Lance Roberts | Aug 21, 2026 | Daily Market Commentary
Starting December 6, 2026, Nasdaq will offer a trading session starting at 9 p.m. to 4 a.m. ET. The new hours, in addition to the standard 9:30 a.m. to 4:00...
The US Treasury Doubles Down On Buybacks

The US Treasury Doubles Down On Buybacks

By Michael Lebowitz and Lance Roberts | Aug 20, 2026 | Daily Market Commentary
The U.S. Treasury announced yesterday that it will at least double its liquidity-supporti...
The Gamma Cliff: August 21st- Mark The Date

The Gamma Cliff: August 21st- Mark The Date

By Michael Lebowitz and Lance Roberts | Aug 19, 2026 | Daily Market Commentary
Cem Karsan is flagging August 21, the monthly options expiration (OPEX) date, as the setup for what he calls a gamma cliff. On August 21st, one of the yearâ...
AI For The People Or Meta’s Bottom Line?

AI For The People Or Meta’s Bottom Line?

By Michael Lebowitz and Lance Roberts | Aug 18, 2026 | Daily Market Commentary
Last week, we wrote two short articles within our
Weak Retail Sales Take Rate Hikes Off The Table

Weak Retail Sales Take Rate Hikes Off The Table

By Michael Lebowitz and Lance Roberts | Aug 17, 2026 | Daily Market Commentary
Friday’s weak retail sales report did more damage to the hawkish case. Sales fell 0.6% in July against expectations for a 0.1% gain. The control group, th...
Tariff Refunds Soften The Fed’s Passthrough Warning

Tariff Refunds Soften The Fed’s Passthrough Warning

By Michael Lebowitz and Lance Roberts | Aug 14, 2026 | Daily Market Commentary
According to an
Wall Street To Support Data Center Growth

Wall Street To Support Data Center Growth

By Michael Lebowitz and Lance Roberts | Aug 13, 2026 | Daily Market Commentary
Nvidia announced an agreement with Wall Street heavies, Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR. The six Wall Street firms will ar...
Abel Takes Charge at Berkshire Hathaway

Abel Takes Charge at Berkshire Hathaway

By Michael Lebowitz and Lance Roberts | Aug 12, 2026 | Daily Market Commentary
Greg Abel just completed his first full quarter as the CEO of Berkshire Hathaway, taking the throne from Warren Buffett. In his first earnings announcement,...
Leveraged ETFs: Math Often Trumps Hype

Leveraged ETFs: Math Often Trumps Hype

By Michael Lebowitz and Lance Roberts | Aug 11, 2026 | Daily Market Commentary
The Tweet on the right below irresponsibly suggests that if SK Hynix shares double, as Cantor Fitzgerald’s $300 target implies, a 2x leveraged fund like S...
BLS And ADP Reports Take Rate Hike Off The Table

BLS And ADP Reports Take Rate Hike Off The Table

By Michael Lebowitz and Lance Roberts | Aug 10, 2026 | Daily Market Commentary
The Friday BLS employment report showed the economy lost 23k jobs. Along with last Wednesday’s ADP report (+44k), the two reports suggest the spring picku...