February 17, 2026

Global Market Comments February 17, 2026 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or ABANDON SHIP!), (SPY), (EEM), (EWZ), (XLP), (XLU), (XLRE), (XLE), (XHB), (XLB, (CRM), (XLF), (LSTR), (JBHT), (XLY), (JNJ), (CL), (O), (NEE), (SCHD)

The Market Outlook for the Week Ahead, or Abandon Ship!

I am writing to you offshore from the Falkland Islands near the east coast of Patagonia in Argentina, at 51 degrees south latitude, 59 degrees west longitude. I just completed a hike to the highest peak in the islands, some 2,313 feet, and it was damp, cold, and windy. So, it will take some time […]

HOW TO LOSE A QUARTER-TRILLION DOLLARS BY SPENDING $3 BILLION

(MSFT), (NVDA) What kind of market punishes a company for spending money to deliver services that customers have already contracted to buy? Apparently, this one.  Microsoft’s (MSFT) down 25% since October because its quarterly capex came in at $37.5 billion instead of the expected $34.3 billion. That $3 billion “miss” triggered a quarter-trillion-dollar market cap […]

The Sideways Price Action And Why?

The AI infrastructure trade is tiring out, and tech stocks aren’t going up in a straight line like they used to. The jury is out now, and shareholders are taking a fine-tooth comb to see which one of these investments will pan out in the future. Results have been harsh, with shareholders penalizing management with […]

Another Slip-Up

It’s here – rules, and a mountain of them. They didn’t stop until they got their cut. Blame the industry for attracting the ire of the all-mighty rule makers. This means that growth in this sector won’t be as gangbusters moving forward, if ever. It’s a net negative for the original vision of crypto because […]

An Industry on the Ropes

Crypto and Terraform Labs co-founder Do Kwon is no longer on the run. Yes, that’s right – he’s a convict. The Interpol red list that once alerted 195 countries to his status as a wanted fugitive has been retired, replaced by a federal prison number. We now know that his desperate transfer of 33,131 Bitcoins […]