Afternoon Note
The market is showing remarkable resolve in the face of geopolitical uncertainty. All major indices are moving off morning lows, recovering into the green.

Notably, Nvidia (NVDA) and Palantir (PLTR) are seeing investors buy the dip in today’s session. Nvidia (NVDA) is benefiting from new investments and partnerships in Coherent (COHR) and Lumentum (LITE).

Three sectors are in the green. Energy (XLE) is in the lead driven by this weekend’s geopolitical tension, which as a result is giving a boost to oil prices. The runner up is Technology (XLK) which is seeing some dip buying. Palantir (PLTR) is a standout amid the conflict in Iran, and helping the broader software plays to garner some buying interest. Consumer Discretionary (XLY) is one of the laggards, in part due to weakness in cruise and travel-related names.

Iran Update
Trump made comments today indicating that the operation is ahead of schedule and was projected to last 4-5 weeks. He also indicated the operation can be extended if needed.

Economic Update
ISM Manufacturing PMI edged lower in February to 52.4 from 52.6 but remained above the anticipated move to 51.8.
Notable Points:

| Tweet |
| 3/2/2026 1:38 PM | Monday Market Resolve |
| 3/2/2026 9:39 AM | WEEK BEGINS WITH MORE ANXIETY |
| 2/27/2026 1:26 PM | Are Financials Telling Us Something? |
| 2/27/2026 9:27 AM | LUMBERING GIANTS LOOK TIRED AND VULNERABLE |
| 2/26/2026 1:09 PM | Separating Vibe From Reality |
| 2/26/2026 9:45 AM | JENSEN'S TRYING TO STOP THE AI SCARE, BENIOFF CAN'T |
| 2/25/2026 1:22 PM | Nvidia Results On Deck |
| 2/25/2026 9:25 AM | RELIEF, BUT FOR HOW LONG? |
| 2/24/2026 1:36 PM | Stocks Recover |
| 2/24/2026 9:40 AM | ANXIETY BEGETS ANXIETY |
| 2/23/2026 1:24 PM | Bumpy Start to the Week |
| 2/23/2026 9:48 AM | DON’T WRITE OFF THE BIGGEST NAMES IN HISTORY |
| 2/20/2026 12:25 PM | SCOTUS Decision Day |
| 2/20/2026 9:35 AM | UNWISE PRIVATE EQUITY THREAT |
| 2/19/2026 1:29 PM | Thursday Pullback |
| 2/19/2026 9:35 AM | NO TRACTION BUT WE’LL TAKE IT |
| 2/18/2026 1:28 PM | Technology Regains Momentum |
| 2/18/2026 9:45 AM | CAN'T LIVE WITH IT, CAN'T LIVE WITHOUT IT (AI) |
| 2/17/2026 1:27 PM | Drifting Sideways |
| 2/17/2026 9:41 AM | ROTATION TRADE NEEDS MEGA-CAP BOOST |
| 2/13/2026 1:33 PM | Friday Rebound |
| 2/13/2026 9:27 AM | AI INSANITY |
| 2/12/2026 1:32 PM | Fears of AI Disruption |
| 2/12/2026 9:19 AM | THE VISIBLE HAND OF AI TERROR |
| 2/11/2026 1:23 PM | Bumpy Start |
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