Here’s What’s Working

Good morning, Happy Sunday! 

I gotta say - Sunday’s are great. Not for the football, but because of the stillness. I leverage this time to sift through the noise. Identify relative strength, and create a plan for the week ahead. 

Despite tech’s lackluster start to 2026, the Dow trades above 50K. It’s an incredible feat! 

The Dow Transports just broke out of a 4-year base as energy, materials, industrials, and consumer staples closed at new weekly all-time highs. 

Stocks like Verizon, Union Pacific, Pepsi, Coca-Cola, McDonald’s, and Wal-Mart are at or just shy of 52W highs. You can see more of what’s working in the latest Hall of Famers report.

And tech stocks are reporting strong earnings figures, but price is not reciprocating. It’s not always about “beating estimates.” Steve gets this. Did you miss his last Beat Report replay? Here’s a fresh link.

Bitcoin has stabilized, for several hours, at 70,000. It’s been ugly action in cryptoland, but times like these allow the cream to rise to the top. Louis Sykes shared a great piece, Every Bear Market Tells You Exactly What to Buy Next.

I’m exploring the Aerial Economy, and recently connected with a Southern Utah University student pilot to discuss the impending tidal wave of innovation in aviation. I’m sure we’ll capture a conversation on camera soon, but in the meantime be sure to review my last chat with Leo Flight co-founder Carlos Salaff. 

Personally - I’m risk off in this market. I had a strong start to the year, I like tech stocks, and I don’t need to be a hero. 

That said, it’s hard not to feel FOMO when you look at what’s working.

A few of my favorite post-earnings moves include - Teledyne Technologies, Corning, and Avnet. 

Disclosure: This is not financial advice.