AI-Powered Investment Research & Wealth Management.

Every morning’s read of the Journal — the stocks we pulled from the paper, the model moves, and where we think the market heads next.

Thu Jul 30 · The Week in Review, Part I

The Machines Got a Banker.

Nvidia (NVDA) is in talks to backstop $250 billion of OpenAI’s data-center financing. China listed a $484 billion memory-chip company. United (UAL) quietly asked Delta (DAL) to merge. And the AI job wipeout still has not shown up for work.

NVDA $250B backstop · CXMT $484BOpen edition →

Fri Jul 31 · The Week in Review, Part II

Three Dissents and a Thousand Points.

The Fed held with all three dissents pointing up — the first triple same-direction dissent since 2016 — and the Dow gave up 1,153 points. Oil made a ten-dollar round trip in five sessions, and the Pentagon placed a $120 billion restock order.

Dow −1,153 · WTI $84.46Open edition →

Thu Jul 23 · The Mid-Week Review, Part I

Markets & Power.

Oil at $84.91 as Iran escalates, gold back over $4,000, a federal judge freezing the $81 billion Paramount–Warner deal, and two OpenAI test systems that reached the open internet.

Oil $84.91 · Gold $4,071Open edition →

Fri Jul 24 · The Mid-Week Review, Part II

Rules, Life, And The Price Of Everything.

The Justice Department stopped charging companies, somebody paid $2.9 billion for a bag of chips, Britain got its seventh prime minister in a decade, and you can now test your own blood for plastic.

Utz $2.9B · 7th PM in 10 yrsOpen edition →

Thu Jul 17 · The Reckoning

IBM Fell Down The Stairs, And Other Stories.

A 112-year-old company had its worst day ever (−25%). Uber (UBER) bought the food-delivery wars for $14.8 billion — in stock, which is the story. Merck’s (MRK) cholesterol pill got the FDA nod, and the consumer slowed to 0.2%.

IBM −25% · Retail +0.2%Open edition →

Wed Jul 15 · The Mid-Week Review, Part II

Life, Books, And The Price Of Everything.

Texas opened a stock exchange and almost nobody came. Gold is 25% off its January record — the metals sleeve (WPM/RGLD/IAU) is our worst position of the year, held not dumped. Oil +9.42% in a session keeps CVX/XOM/COP reinforced.

Gold −25% · Oil +9.42%Open edition →

Wed Jul 15 · Investment Commentary

The Week The Cushion Broke.

Gold fluffed its one big line, bonds stopped catching stocks, and the Fed traded its tow truck for a tollbooth. What held: barrels, bills, dividends.

Gold −25% · 10Y 4.610%Read commentary →

Fri Jul 10 · The Peace Trade Issue

The AI Trade Changed Lanes: Out Of The Giants, Into The Suppliers.

Micron (MU) +4.5% moves off the watch bench into the memory books. SPR at a 1983 low keeps CVX/XOM reinforced. Boeing (BA) gets its date.

S&P within 1% of recordOpen edition →

Thu Jul 9 · The Hike Issue

Nine Of Eighteen Fed Officials Penciled In A Hike. We Get Paid Either Way.

Hormuz traffic “essentially stopped” — the energy sleeve earns its premium. Apple hands Broadcom (AVGO) $30B; GS +1% tactical on the M&A wave.

Dow −576 · WTI +$3.08Open edition →

Wed Jul 8 · The Blink Issue

$710 Billion And Rising — Meta Blinked, Chips Flinched.

The PHLX fell 4.65% while NVDA stayed green — that’s the tell. Iran’s oil license revoked; PNC becomes a genuine add candidate on an 18% dividend raise.

The tape blinked, didn’t breakOpen edition →

Tue Jul 7 · The Fever Issue

A Record Dow, A 19-Fold Profit — We Read The Fever Chart For You.

Dow 53,055.91, a record. Memory mania runs hot; we reinforce TSM/AVGO and the power sleeve, and let MSTR keep its distance. Record days are for trimming, not shopping.

Dow record 53,055.91Open edition →

Fri Jul 3 · The Rotation Issue

57,000 Jobs, A 594-Point Record — The Market Rotated Into Everything We Already Own.

UnitedHealth (UNH) added +1% across tiers. The yen at a 40-year low is the risk worth respecting; gold is our entire opinion on the subject.

Dow record 52,900.07Open edition →

Thu Jul 2 · The America-At-250 Issue

The Fed Switched Verbs — And The Banks We Own Threw A Party.

Financials’ best day of the summer: GS/MS/JPM reinforced. Quanta (PWR) joins the power build-out sleeve; Burry’s AI shorts get a respectful nod and no chase.

S&P FIN +2.13%Open edition →

Where the market is headed — read against the odds real money is placing, our theme tracker, and what the books actually did about it.

New · Commentary №1 · July 11, 2026

Where is the market headed? Ask the people betting on it.

Opinions are free; odds have money behind them. The prediction markets price the Fed holding in July (80%) but hiking sometime in 2026 (62%), Hormuz as a months-long problem, and only an 8% chance of $95 oil. Here’s what that regime means — and what we changed in the books, and what we deliberately didn’t.

Fed · Energy · Positioning Next issue: week of July 27 Read the commentary →

Short, human notes from Sean on the money decisions that actually run a household — not market noise. The newest one:

Personal Journal · July 31, 2026

What We’re Carrying Into August

A Fed arguing about hikes, a war that won’t stay priced, a $120 billion restock, and the first election America will trade live. Six themes, one book — written the way I would say it across the desk, not the way a committee would write it.

Read the letter → Personal Journal

The five newest reads, top of the stack.

Markets · The AI File

$710 Billion And Rising: Who Blinks First In The AI Spending War?

Chips fell 11% in two days on Meta’s rent-out-the-compute hint. Your index fund is quietly an 18% chip bet.

Jul 8Read →

World · Energy

The License Is Revoked: Hormuz Gets Hot Again.

80+ targets struck, Iran’s oil license pulled, WTI +$1.89 to $70.44 — the energy sleeve is insurance that pays a dividend.

Jul 8Read →

Connected Read · The Life File

A $60 Brick, A Duller Tongue, And A Six-Year Sentence.

Three stories in one paper about paying for self-control — and why a written plan is the brick you buy for your money.

Jul 8Read →

Retirement Income · The Rate File

The Safest Money In America Pays 4% Right Now — And That Window Is Closing.

CDs, T-bills and money markets all pay over 4% with no market risk. But floating rates reset the day the Fed cuts. What to lock, and what to leave.

Jul 8Read →

Your Health · The Retiree File

What Ozempic Is Doing To Your Grocery Aisle — And Your Medicare Bill.

Nestlé is re-spicing its food for GLP-1 users. The Medicare catch worth knowing before you re-enroll this fall.

Jul 8Read →

The deep dives behind the advice — the 4% rule, sequence of returns, the fee file, WEP, and the week’s Journal briefings. All of it lives in one place: Specialty, inside Intelligence.

Retirement Income · The Cash Line

The Average Bank Money-Market Account Pays 0.44%.

The Fed’s target is 3.50%–3.75%. Find the interest line on your statement and read it — no forecast required.

Jul 11 · SpecialtyRead →

Havens · Discipline

The Hedge That Didn’t Work.

Gold fell 2.6% on the exact news it is supposed to protect you from. Two retired advisers who own it did nothing.

Jul 14 · SpecialtyRead →

The Life File · Connected Read

Thirty-Five Of The Forty Kept Playing.

A Norwegian soccer club, a years-long line to clean the subway, a fly-fishing school — and what your CalSTRS pension is actually worth.

Jul 11 · SpecialtyRead →

Social Security · Good News

The Money Washington Gave Back: WEP & GPO Are Repealed.

Four decades of haircuts for teachers, police and firefighters ended — retroactive. Your number changed.

Jul 4 · EvergreenRead →

The Fee File

The Autopilot Bought Bonds At The Top: TDFs vs The Market.

How target-date funds became the legal default — and what 2022 did to the “safe” half of the portfolio.

Jul 4 · EvergreenRead →

Retirement Income

The 4% Rule, Honestly: A Starting Point, Not Cruise Control

Where it came from, why this decade strains it, and the guardrails we actually use.

EvergreenRead

Beyond portfolios: pension maximization, insurance, long-term care, 403(b) for California educators, and 401(k) strategy — under the CFP Board 7-step framework.

Interactive Calculator

Pension Maximization — Life Insurance vs Joint & Survivor

Run your pension numbers live — both lifetimes, real premiums, the honest comparison.

Penmax DesignRun it →

CalSTRS / CalPERS

403(b) For California Educators — With Age Factor Tables

2%-at-60 vs 2%-at-62 tables and the supplemental strategy that closes the pension gap.

CA EducatorsProject →

Long-Term Care

The Retirement Risk No One Plans For

70% of retirees need LTC. Medicare doesn’t pay. How a chronic-illness rider solves it.

ProtectionUnderstand →

Advanced Planning

The Six-Figure Deduction: Cash Balance Plans For Owners

A defined-benefit plan that reads like an account — six figures a year pretax on top of the 401(k).

Business OwnersRead →

Portfolios aligned with Islamic finance principles — no compromise on performance or values.

Every daily edition and specialty deep-dive — searchable, filterable, two keystrokes away on a client call.

Our read of the Journal, one edition a day since April. Browse every past edition by month, or open the full searchable archive.