ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Earlier this month I launched PAIROS, the Panic AI Research On Software, to provide a structured approaching for assessing the (contrarian) investment thesis in software companies heavily impacted by the SaaSpocalypse. I ran a real-time test of PAIROS on Anthropic’s Mythos and developed a rationale for buying into Palo Alto Networks (PANW). So far, so … Read more
Introduction I have been working on a framework to make sense of AI’s impact on the enterprise software industry. The ongoing SaaSpocalypse caused by an AI Panic has given this research extra urgency because I suspect the sell-off has created contrarian opportunities to buy impacted stocks for significant upside gains in coming years. I created … Read more
The Market Breadth Summary Stock Market Commentary Oil prices loom over financial markets. Oil prices are being driven largely by whether the Strait of Hormuz remains effectively closed following Iran’s retaliation against attacks by the U.S. and Israel. The inverse correlation over the last two weeks has been clear: oil prices up, stock prices down … Read more
On March 11th after the market close, Atlassian Corporation (TEAM) announced a 10% layoff. The company reiterated guidance to assure investors that the corporate actions do not reflect problems with the business. In his letter to employees explaining the layoffs, CEO and Co-Founder Mike Cannon-Brookes also reminded the company of its strong momentum from the … Read more
The SaaSpocalypse, or what I sometimes generally call the AI Panic, is a watershed investing event. Whole fortunes are stumbling down a path of destruction in this moment. Yet, the survivors of this indiscriminate selling will yield tremendous returns in coming years. Panic does not distinguish between fragile business models and structurally durable platforms. In … Read more