Ep161: Cracks, Not Chaos — February 27th, 2026

A risk-off finish to February, as the Dow fell more than 500 points and the S&P 500 and Nasdaq extended their monthly pullbacks. Nvidia and Zscaler slid, while Dell, Netflix, Paramount Skydance, and Block surged on sharply divergent AI and deal narratives—highlighting a market rewarding efficiency and punishing uncertainty. Oil jumped on renewed geopolitical tension, gold and silver rallied, and the 10-year yield slipped as investors sought safety. Bitcoin and Ethereum moved lower alongside equities. A session defined not by chaos, but by selective conviction.