The S&P 500 index appeared to drift quietly sideways for the last several weeks. However... Stock index futures experienced very volatile short-term price action, and…
Victor Adair2 August 2026
"People will believe the most preposterous stories, as long as the price keeps going up!" Bob Hoye Bobby has been a friend for ~50 years.…
Victor Adair19 July 2026
Investment boom in America The AI capex boom is spreading throughout the economy, lifting many ships and is mildly inflationary. Stock indices, valuation metrics, earnings,…
Victor Adair12 July 2026
Too much leverage? You can't have a bubble without leverage, and making the bubble bigger requires even more leverage. At some point, too much leverage…
Victor Adair5 July 2026
Brent crude oil futures return to pre-war levels Front-month Brent futures traded between ~$71-~$73 on February 27 and closed this week at ~$73. Front-month WTI…
Victor Adair28 June 2026
Crude oil prices spiked in March Brent crude oil futures spiked in March as the US and Israel attacked Iran and as Iran retaliated. Prices…
Victor Adair21 June 2026
Sooner or later, it was gonna happen After rallying for 9 consecutive weeks, the leading US stock indices tumbled on Friday. The weekly S&P chart…
Victor Adair7 June 2026