Friday's 4.18% Nasdaq collapse was a verdict on the past. The question that governs the portfolio now is the future, and it resolves into three concrete tests, each with a date attached. The recovery does not depend on sentiment healing or dip-buyers finding their nerve. It depends on a single inflation print on Wednesday, a chip-demand referendum still weeks away, and a $75 … [Read more...] about After the 4.18% Rout: Why Next Week’s CPI Matters More Than the Selloff, and What the SpaceX IPO Does to the Recovery
The Nasdaq’s 4.18% Collapse: Worst Day Since the Tariff Shock, and What History Says Comes Next
On Friday, June 5, 2026, the Nasdaq Composite fell 1,121.53 points, or 4.18%, to close at 25,709.43 — its worst single session since the tariff-driven turmoil of April 2025. The Nasdaq-100 fell harder still, down 4.77%. This was not a slow bleed. The index opened at 26,536.59, touched a session high of 26,572.25 in the first minutes, then capitulated continuously through the … [Read more...] about The Nasdaq’s 4.18% Collapse: Worst Day Since the Tariff Shock, and What History Says Comes Next
Broadcom’s AI Revenue Grew 143% and the Stock Fell 12% — The Selloff Has No Basis
Broadcom fell twelve percent on Thursday. The AI trade did not. Those are two separate events, and conflating them is how markets manufacture selloffs out of nothing. The numbers Broadcom reported on June 3 were not the numbers of a company facing slowing demand. They were the numbers of a company whose stock had been priced for a miracle and delivered something merely … [Read more...] about Broadcom’s AI Revenue Grew 143% and the Stock Fell 12% — The Selloff Has No Basis
The Market Is Selling Hardware, Not the AI Trade
The most important number from Thursday was not Broadcom's revenue miss. It was the gap between the Dow and the Nasdaq. The blue-chip index closed at a record, up 874.86 points, while the S&P 500 added 0.41 percent and the Nasdaq Composite slipped 0.09 percent. A market does not look like that during a selloff. It looks like that during a rotation. Broadcom supplied the … [Read more...] about The Market Is Selling Hardware, Not the AI Trade
Broadcom Fiscal Q2 2026: The 143% the Tape Ignored
The after-hours print is a positioning event, not a fundamental one, and positioning unwinds fast. Broadcom reported revenue up 48% year over year to $22.19 billion, adjusted earnings of $2.44 against a $2.40 consensus, and AI semiconductor revenue of $10.8 billion — up 143%. The Q3 total-revenue guide of roughly $29.4 billion came in above the $28.53 billion Street estimate. … [Read more...] about Broadcom Fiscal Q2 2026: The 143% the Tape Ignored