Ep159: The Two-Week Highs, With Soft Edges — February 25th, 2026

Markets leaned gently forward on Wednesday, with the S&P 500, Nasdaq, and Dow all climbing to multi-week highs. Strength in tech and standout earnings from names like Cava and Axon contrasted with sharp declines in GoDaddy, First Solar, and Lowe’s, highlighting a market that remains selective rather than uniformly optimistic. Overseas, Europe hit fresh records while Asia broadly followed higher. Gold held firm, oil stayed subdued, and Treasury yields remained steady—while crypto moved in quiet alignment with risk assets. A session defined by balance returning, but not without reminders of fragility.