KeyCorp

Trimming a winner is harder than buying one. Here's how to separate thesis decay, valuation stretch, and position-size risk — and act on the right one.

Three auto-industry data points — SAAR, days' supply, and incentives per unit — tell you more about Ford and GM pricing power than any earnings call sound bite.

Goodwill writedowns aren't just accounting noise. They're a delayed confession that an acquisition failed — and they often signal more pain ahead.

Before you double a losing position, run these checks. A framework to separate temporary mispricings from value traps that quietly compound your loss.

Spot and contract freight rates tell different stories about the real economy. The gap between them is where the actionable signal usually lives.

When crude rallies or breaks, the obvious trades are usually wrong. A framework for tracing oil's real winners, losers, and the names that only look exposed.