Also Millennium AI, Elliott cubs, the Stretch run and a SpaceX IPO misunderstanding.

Markets Why is gold down? Pick your explanation. (ft.com) Bitcoin and gold seem to be trading together again. (econbrowser.com) Strategy ($MSTR) is trying to shore up its business. (wsj.com) Strategy What history tells us about the sustainability of the...

As a reminder, MarketSurge (by Investor’s Business Daily) is a sponsor of the weekly show. All the charts you have been seeing in the videos and will continue to see are from MarketSurge. They are offering my readers 2 months for $59.95 – save...

Data Excellent analysis now relies less on information and data. (rpc.cfainstitute.org) A look at the importance of data quality. (pivotal.substack.com) Research How stock concentration seeds its own downfall. (klementoninvesting.substack.com)...

Anthropic is trying out a power move this AI Tech Wave, with one of its earliest strategic partners, Amazon. Changing how it chartes Amazon AWS and its customers for its latest models, in a la carte tokens, vs hourly or time based pricing. It’s a...

OVERVIEW Crypto Is Up But Not Emotionally Available 🛋️ Here’s What’s Happening 👇️ Today’s top trending tickers: $SOL ( ▲ 6.58% ) , $WLFI ( ▲ 2.0% ) , $RAVE ( ▲ 37.67% ) , $RE ( ▲ 23.3% ) , and $CRO ( ▲ 0.57% ) STOCKTWITS24 Hour Tug Of War –...

Today’s theme: the AI political football wars continue on many fronts — AI debates across US politics ranging from AI data centers to the gating of the latest models from the frontier labs. Three events I’d like to dig into for the AI Tech Wave — each with...

Also SPV blockchain, private credit BNPL, semiliquid fees and dinosaur stomping.

Leverage How worried do we need to be about margin debt and leverage? (wsj.com) What’s behind the popularity of perpetual futures? (johnlothiannews.com) Why everyone is focused on perpetual futures. (howardlindzon.com) Private assets How evergreen...

Podcasts Josh Brown talks with Ric Edelman about why financial planning may be one of the most AI-resistant professions, and the growing advisor shortage facing the industry. (youtube.com) Taylor Nissi sits down with Joseph Wang, Co-Founder and Chief...