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ADVANCE \ DECLINE

Stephen Kates, CFP®

Financial news, insights, and strategy.

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Substack
PricingFreemiumPublishesTwice weekly
Issues117Founded4 years agoLast Issue8 days ago
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Latest Issues

Ouch: Technology Stocks Take a Beating

The stock market ended the week with a severe shift in tone and a handoff to new leadership as the overall market was dragged down by heavy selling of technology companies. Smaller companies and value-oriented stocks welcomed the inflows an...

8 days ago
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1

The Market Wants Receipts

U.S. stocks delivered a chaotic performance this week, with performance diverging primarily by sector. Investors are still uneasy about capital spending and borrowing costs as concerns mount about whether a true return on investment is even...

15 days ago
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Hot Inflation, Cold Feet: Reconsidering the AI Trade

Investors are playing defense

Markets had plenty of news to digest this week, and investors responded by moving away from technology stocks and toward more defensive areas of the market. Many of the lingering issues we’ve been talking...

22 days ago
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Reading the Market | October 13, 2026

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Reading the Market | October 12, 2026

Semiconductor weakness tests market breadth as earnings season begins

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a month ago
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  • Stephen Kates, CFP®

    I help individuals and families grow and protect their wealth. 15+ years in finance as a wealth advisor, speaker, and writer.

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