Dan Sheehan

BREAKING: Berkshire Hathaway released their form 13f Greg Abel just sold entirely out of 16 positions He tripled their exposure to @Google $GOOG $GOOGL He made purchases in $DAL $NYT $LEN $M also

Love a true underdog story! Unbelievable from @AaronRaiGolf #pga

Since 1950, the 12 months after a midterm election have produced positive S&P returns 85% of the time, averaging in the high teens. The 6 months before? Average 17% intra-year drawdown. We’re in the bumpy part right now. The NASDAQ already put in a 10%+ drawdown earlier this year, ostensibly on oil and Iran, but that timing is exactly what midterm seasonality predicts regardless of the proximate catalyst. Spent the weekend writing my full thesis before the week starts. The AI cycle has 3-5 years to run with a real shot at rivaling the late 90s. But the path between here and there is not going to be a straight line, and most investors are conflating the near-term setup with the medium-term setup. Inflation is the real risk to multiples, not AI. The picks-and-shovels with locked-in backlogs (gas turbines, grid equipment, photonics) are where the asymmetry sits. Quantum is the optionality at the end of the decade, and IBM’s roadmap is eating into the consensus timeline faster than analysts are modeling. Full piece 👇 open.substack.com/pub/dansheehan… $QQQ $SPY

I’ve seen Khusanov do this numerous times this season for Man City. No attempt to play the ball. How is this along with the one vs Arsenal not a last man foul?

@leevalueroach @GenevaInvestor Would not say the @KobeissiLetter is a permabear?

@GenevaInvestor his account has turned into pure fear mongering at this point. a permabear who's wrong 90% of the time

The biggest contrarian signal I watch is “The Kobeissi Letter”. When this engagement bait account starts talking about a stock. I get interested. Biggest contrarian signal in the free market today. You can make a lot of money doing the opposite of whatever this account says.

PPI rose a seasonally adjusted 1.4% in April, much higher than the 0.5% Dow Jones consensus forecast On an annual basis, the index was up 6%, the biggest gain since December 2022.

@WOLF_Financial Oxygen

What is the #1 most valuable thing in the world?

Are you sure you want to talk about referees and PGMOL when it comes to Arsenal? Let me walk you through just a few examples. In this short clip alone, Arsenal received more than 3 official apologies from the PGMOL.

April CPI rises to 3.8%, its highest level since May '23 Core CPI inflation also rose to 2.8% vs 2.7% est Odds of Fed rate hikes are being priced in this morning on the back of the news

@coinbase $COIN earnings: Crypto Slowdown Hits Trading Revenue Coinbase missed expectations as weaker crypto prices and lower trading activity weighed on results. The Numbers • EPS: -$1.49 vs +$0.27 expected • Revenue: $1.41B vs $1.52B expected • Transaction revenue: $755.8M vs $805.2M expected • Subscription revenue: $583.5M vs $619.3M expected The core issue was lower crypto prices led to weaker trading activity, which continues to heavily impact Coinbase’s business model. Bitcoin bitcoin:native fell sharply during the quarter, and retail engagement slowed accordingly. That showed up directly in transaction revenue, still the company’s most important earnings driver. Coinbase has spent the last few years trying to build more stable recurring revenue streams through staking, stablecoins, and subscription services. Those businesses are growing, but this quarter shows they are still not large enough to fully offset weaker trading conditions. That matters because the market wants proof Coinbase can perform outside of bull market conditions. The company recently announced workforce reductions as part of a broader restructuring effort tied to both AI integration and softer market activity. That signals management expects subdued trading conditions to continue near term. But this quarter is a reminder that Coinbase remains highly tied to market sentiment and trading volume, even as it works toward a more diversified platform model.

@Arm $ARM Q4 Earnings - Adj EPS USD0.60 (est USD0.58) - Revenue: USD1.49 Bln (est USD1.47 Bln) Outlook - Q1 Revenue: USD1.26 Bln (est USD1.25 Bln) - Q1 Adj EPS: USD0.40 (est USD0.36) - AGI CPU Seeing Strong Demand, With Over USD2 Bln Across 2027 & 2028