Analysis & Market Notes
These reading guides separate sourced facts, hypothetical calculations, and interpretation. For results computed directly from our simulator data, start with the three original studies. Revised articles identify material corrections and explain which questions a price backtest can answer.
Liquidity changes hands: the Fed steps back, banks step in
Why a September rate hike need not drain liquidity, what an emptied reverse-repo balance changes, and why bank capital rules — not the Fed’s balance sheet — have become the policy channel to watch.
Reading guideReading a rate-driven stock selloff without a forecast
A discount-rate worksheet and a way to distinguish observed prices from explanations of a selloff.
Reading guideReading Stock Charts Will Put You on a Different Path as an Investor — Start With These 6 Signals
Six things every investor should know how to read on a stock chart — candlesticks, support and resistance, trend types, moving averages, and the three patterns that most reliably signal a new uptrend.
Reading guideCircle and USDC: a reserve-income sensitivity worksheet
Separate reserve balances, reserve income, distribution costs, and shareholder profit before interpreting stablecoin growth.
Reading guideA chip-stock decline: three questions before changing a position
Review business evidence, concentration, and cash needs with a hypothetical position-size calculation.
Reading guideWhat market breadth can and cannot tell you
A worked concentration example and an honest guide to the Bubble Meter’s historical limitations.
Reading guideAI compute pricing: test the economics before the headline
A hypothetical utilization and rental-rate model that separates customer demand from financing and profit.
Reading guideReading NVIDIA’s Q1 FY2027 results: earnings versus valuation
Verified issuer figures and a worked explanation of why one quarter cannot establish a stock’s fair value.
Reading guideETFs Explained: What You're Actually Buying — and the 4-Point Checklist for Picking One
What an ETF actually is, why asset managers keep launching new ones, the four numbers worth checking before you buy (net assets, expense ratio, volume, distributions), and why leveraged and inverse ETFs lose money in ways their charts don't show.
Reading guideNVIDIA’s financing announcement: intended capital is not funded capital
What the August 2026 announcement establishes, what remains conditional, and a hypothetical lending stress test.
Reading guideNine terms for reading financial statements
Everything a beginner needs from a financial statement fits into nine plain-English words: revenue, operating income, net income, assets, liabilities, equity, ROE, moat, and earnings growth. Here is what each one answers.
Reading guideHow to compare 13F filings without inventing a trade
A share-count reconciliation worksheet explaining why position value changes do not reveal purchase spending or investor intent.
BreakingNVIDIA Doubled Revenue to $96 Billion — and Answered the AI Bubble Question With "100% Confidence"
NVIDIA's Q2 FY2027: $96.2B revenue (+106% YoY), 75% gross margin, and a $108B guide that excludes China. Inside the earnings call where Jensen Huang answered the circular-demand worry with a workload claim — and what the quiet customer-mix shift means.
Reading guideWhere a 12% "Dividend" Comes From: Covered-Call ETFs Explained With One Apple Farmer
A covered-call ETF sells away part of an index's upside and hands you the proceeds as monthly income. An apple-farmer story shows how the payout is manufactured, why a bigger advertised yield means a lower ceiling, and who should own one.
Reading guideThree Chart Checks Before You Press Buy: Trend, Floors and Ceilings, and Volume
Before acting on a tip, a chart answers three questions in thirty seconds: which way the trend leans, where support and resistance sit, and whether enough people showed up to believe the move. Why golden crosses and green candles are not buy signals.
New — the AI Bubble Meter: a live breadth & concentration gauge that scores how narrow the S&P 500 rally is, built from the dot-com lesson in our breadth post.
Test what you read: open the simulator, pick the assets a post discusses, and set a matching date range to see the historical figures for yourself.