Bearish Banter

Semiconductors: what the tape is pricing

15 S&P 500 members · median P/E 43.4x · data as of 2026-09-29

Costco Wholesale Corporation (COST): the complete picture

$895.31 · P/E 45.0x (67th pctile of own history) · 5d expected move ±4.0% · data as of 2026-09-21

Consumer Staples Merchandise Retail: what the tape is pricing

5 S&P 500 members · median P/E 16.3x · data as of 2026-09-21

Lennar Corporation (LEN): the complete picture

$79.60 · P/E 12.5x (83rd pctile of own history) · 5d expected move ±7.1% · data as of 2026-09-14

Homebuilding: what the tape is pricing

4 S&P 500 members · median P/E 13.1x · data as of 2026-09-12

ADBE prints today: what the tape is pricing

$257.26 · P/E 14.7x · through Sep 18 expiry · expected move ±9.9% · data as of 2026-09-09

Application software just fell 18% while the market gained 19%

14 S&P 500 names, every number traceable — here's what's actually inside the drawdown.

Recessions and Red Flags – Is the Economy Ghosting Us?

The Layoff Chronicles: When Uncle Sam Tightens His Belt

The Rise of Buy Now, Pay Later (BNPL) Debt.

Tipflation and the Spread of Digital Tipping

No Rate Cuts? 2025’s Biggest Buzzkill!