Pickers Market

Are Semiconductors the New Dot-Com Bubble? The $1.3 Trillion Chip Boom

This week, we break down the semiconductor surge that has Wall Street buzzing. Chips now make up a sizable allocation of the S&P 500, the global market is surging this year and why its worth paying attention to, and NVIDIA reports earnings tonight. Is this the most important mega-trend of our generation or the most expensive one? We dig into the numbers, the risks, and what investors actually need to know right now. We discuss: • Why semiconductors now make up 18% of the S&P 500 and why we are underweight • The $1.3 trillion chip market and what's driving the historic surge • AI chips, GPU demand, and why a handful of hyperscalers are driving the entire trade • Memory price explosions and can it continue • Valuation concerns, concentration risk, and what history says about rallies like this • NVIDIA earnings preview - what a beat, miss, or in-line result means for the stock Join Tyler Ellegard, Keith Gangl, and John Ingham for markets, insights, and a little fun!

Private Credit & Private Equity Explained: Risks, Rewards & Rising Concerns

This week, we break down the growing world of private markets - from private credit to private equity - and what investors need to know about these strategies in the face of rising concerns around defaults, liquidity, and redemption pressure. Plus - we finish with our rapid-fire market/ stock picking segment! We discuss: • Traditional banking vs. private markets • Why investors are turning to private credit • Higher yields, floating rates, and the appeal of private markets • Rising defaults and the impact of higher interest rates • AI disruption and risks within private investments • Liquidity concerns, redemption pressure, and “gating” • Private equity underperformance and where opportunities may emerge Join Tyler Ellegard, Keith Gangl, Lisa Schreiber, and John Ingham for markets, insights, and a little fun!

Elon Musk vs Sam Altman: AI’s Biggest Feud Heads to Court

Is this about saving humanity… or winning the AI race? This week, we break down the escalating feud between Elon Musk and OpenAI CEO Sam Altman - now taken to the courtroom in a lawsuit that could reshape the future of OpenAI and send ripple effects across big tech. What started as a nonprofit mission to benefit humanity has turned into a near trillion-dollar powerhouse, and a high-stakes clash over control, ethics, and power.

Can Big Tech Keep Winning? Q1 Earnings, the Fed's Surprise Dissent & Nitrogen Prices

In this episode, we break down blockbuster Q1 2026 earnings from Microsoft, Meta, Amazon, and Alphabet — four of the most powerful companies on the planet reporting in the same afternoon. We cover what AI is doing to margins, cloud growth, and capital spending plans that are now measured in the hundreds of billions. We also unpack why the market cheered Google and punished Meta, even as both posted exceptional results. Then we turn to the Fed. The FOMC voted 8-4 to hold rates steady with the most dissents at a Fed meeting since 1992 and why markets are now pricing in zero cuts for the rest of 2026. We discuss what the unusually divided committee signals about the path ahead and whether the Fed is quietly watching something investors may be overlooking. Finally, a topic flying under the radar: nitrogen. With Middle East conflict disrupting shipping through the Strait of Hormuz, nitrogen fertilizer prices have surged since February and the impacts it could have.

Episode 102 Should You Be Buying Stocks at All-Time Highs?

Record highs. Cheaper tech stocks. Strong earnings - sounds too good to be true? Big Tech’s pullback has made valuations more compelling, while earnings continue to show resilience and the markets are setting new all-time highs. And despite fears around buying at new highs, history suggests those moments have often rewarded investors. This week we cover: • Is tech actually cheap again? • Valuation - what matters most • Why some tech stocks may look cheaper than European stocks • The surprising case for buying at all-time highs Join Tyler Ellegard, Keith Gangl, and Lisa Schreiber for markets, insights, and a little fun! 👉 Don't forget to like, comment, and subscribe for weekly market insights.