Tuesday, February 24, 2026

Wednesday Watch

Around X:

  • @Business  
  • @ZeroHedge
  • @CNBC
  • @TheTranscript 
  • Axon CEO: "We expect 2026 revenue growth of 27% to 30% with an Adjusted EBITDA margin of 25.5%. Looking further ahead, we are establishing a new target for 2028 of approximately $6 billion in annual revenue and a 28% Adjusted EBITDA margin". $AXON: +15% AH.
  • MercadoLibre CEO: "...strong financial performance, with revenue growth of 45% YoY in Q4'25, capping a year in which we grew 39% YoY. Income from operations grew 22% YoY in 2025...We exit the year with clear momentum...".$MELI: +3% AH. 
  • @dandinohill
  • @BGatesIsaPsycho
  • @RenzTom
  • @MikkiWillis
  • @TheSCIF
  • @MJTruthUltra
  • @ShadowofEzra
  • @RepLuna
  • @HealthRanger
  • @thefoodbabe
  • @elonmusk
  • name company "Anthropic" (literally Greek for "human-centered"). > hire a bunch of doomers who secretly think humanity is the disease. > raise billions from Big Tech to build the world's most anxious, heavily-censored chatbot. > write a 50-page "Constitutional AI" manifesto so it can lecture users about microaggressions... Nailed it. (link)
  • Pedophilia: A Disorder, Not a Crime. -NYT. The New York Times is utterly disgusting. (pic) 
  • @KillAuDeepState
  • @sayerjigmi
  • @houmanhemmati
Night Trading 
  • Asian equity indices are +.25% to +1.25% on average. 
  • Asia Ex-Japan Investment Grade CDS Index 66.75 unch.
  • China Sovereign CDS 43.0 +.25 basis point.
  • China Iron Ore Spot 97.8 USD/Metric Tonne +1.2%. 
  • Gold 5,211.2 USD/t oz. +.7%. 
  • Swiss Franc/Offshore Chinese Renminbi Cross 8.88 -.04%.
  • Bloomberg Emerging Markets Currency Index 36.2 +.02%.
  • Bloomberg Global Risk-On/Risk Off Index 99.4 +.3%.
  • US 10-Year Yield 4.04% +1.0 basis point.
  • Japan 30-Year Yield 3.30% -1.0 basis point. 
  • Volatility Index(VIX) futures 20.2 -.3%.
  • Euro Stoxx 50 futures +.16%. 
  • S&P 500 futures +.14%.
  • NASDAQ 100 futures +.28%.
Morning Preview Links

BOTTOM LINE: Asian indices are mostly higher, boosted by technology and industrial shares in the region. I expect US stocks to open modesty higher and to weaken into the afternoon, finishing mixed.  The Portfolio is 75% net long heading into the day.

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