Bulls vs. Bears

The optimists are away — JT's sailing to Japan and Finn's in Tonga with the whales — so the ex-bond traders are running the show. Mark walks through 12 risk factors that have been quietly building: record margin lending, rock-bottom cash allocations, almost zero downside protection, and corporate bond demand starting to dry up. Meanwhile, the semiconductor sector is splitting in two — memo...

The best first half in the Dow in fifty years is in the books. Mark, Kai and guest Finn unpack a monster six months — the record SOX rally, why chips just cracked (Micron down 20% in two sessions), and where the money's rotating next. Plus: the ASX halftime card, why healthcare could finally be turning, Kai's Pro Medicus trade of the half year, and a deep dive into the AI stack — infrastru...

Micron beat earnings by $6 billion and hit record highs. Memory chip stocks — MU, SK Hynix, SanDisk, Lam Research — are all running. The catch? It's coming out of the Mag-7's margins. Hyperscalers are paying through the nose for HBM RAM and it shows in their charts. This is the clearest divergence in the AI trade right now. We also cover SpaceX raising $85.5B in equity plus a $25B corporat...

Bulls vs Bears EP124: The Next Mega IPOs — SpaceX, OpenAI vs Anthropic & What Actually Matters SpaceX just listed. OpenAI is burning $14B this year. Anthropic just hit a $965B post-money valuation. So which one is actually investable — and which ones are traps? In this week’s episode, Mark Gardner, Kai and JT cut through the noise on the biggest IPO and AI stories moving markets right now. We...

🚀 SpaceX, OpenAI & Anthropic: Are the 3 MEGA IPOs Signalling a Market Bubble? | Bulls vs Bears In this week's Bulls vs Bears, Mark Gardner and the team dive deep into the biggest financial story of 2026 — the wave of mega IPOs that could reshape global markets. With SpaceX reportedly listing at $1.77 trillion , alongside OpenAI and Anthropic, we're witnessing what could be the three l...

Bulls vs Bears Ep 122 | 10-Week Win Streak Starts to Wobble — Dow Rallies, NASDAQ Dips & Software Stocks Update The S&P 500's historic 10-week winning streak is under pressure. In this episode of Bulls vs Bears from MPC Markets, Mark Gardner, JT, and Kai break down a week where old-school indices fought back — the Dow and Russell 2000 both surged ~1.5% while the NASDAQ slipped 0.5%. Wh...

🎙️ Bulls vs Bears Podcast EP121: Fresh Record Highs for Stocks on AI Frenzywith Jonathan Tacadena & Mark Gardner from MPC Markets In this episode of Bulls vs Bears, Jonathan Tacadena (JT) and Mark Gardner (MG) break down the explosive market action as global stocks hit fresh record highs, fuelled by the unrelenting AI frenzy. From Nvidia and the Magnificent 7 dominating the US market heatmap t...

SpaceX is heading to the Nasdaq — and it could make Elon Musk the world's first trillionaire. In Episode 120 of Bulls vs Bears, the MPC Markets team unpacks the SpaceX IPO: valuation, timeline, and a total addressable market of $28.5 trillion (that's 25% of global GDP). We also dig into NVIDIA's record earnings and why explosive growth might have a ceiling, Anthropic hitting $10 billio...

Bulls vs Bears: GPUs, CPUs & TPUs Rocket Higher on IOUs | AI Chip Financing Exposed + ASX Budget Reaction In this week's episode of Bulls vs Bears, Mark Gardner and Kai Chen (JT is on tin-foil leave) dive deep into the explosive semiconductor rally. Nvidia, Micron, AMD, and the entire SOX index are surging — but how much is real demand vs circular vendor financing and IOU accounting? We br...

Mark, Kai and JT from MPC Markets are back for Episode 118 of Bulls vs Bears: “Peace, Love and Semiconductors.” This week, the team breaks down record highs across global equity markets, the ASX lagging after the RBA, oil’s sharp moves, sticky inflation, rising bond yields, and the relentless semiconductor and AI trade. They also dig into Nvidia, data centres, market concentration, thematic ETFs,...

Mark's living his best life on a boat in Cairns, so Kai and JT are joined this week by crypto-turned-TradFi convert Finn Jadel. The verdict? If you're not building data centres, you're falling behind — and the market is making that very clear. This week the team breaks down Google's blockbuster earnings (spoiler: it's all about the infrastructure), digs into Meta's AI talen...

In this extra-spiky, conspiracy-laden edition of Bulls vs. Bears, the hosts don their tinfoil hats (and look suspiciously like Hershey’s Kisses) to explore whether Trump is a strategic mastermind or simply unhinged. They open with the usual market recap—oil grinding toward $96, refinery fires popping up worldwide, and brutal sell-offs in high-quality Aussie names—before plunging headfirst into thr...

a market that continues to hit record highs despite ongoing geopolitical tensions in the Middle East, high energy prices, and rising cost-of-living pressures, with skepticism toward repeated claims of an imminent peace deal. They note the divergence between a euphoric equity market (particularly the Mag Seven) and more cautious signals from bonds and energy markets, while highlighting strong perfo...

In this week's Bulls vs Bears episode, the hosts discuss the chaotic Middle East conflict, Trump's rapid "fake ceasefire" announcement via Pakistan, and its immediate market impact, while expressing skepticism over its longevity given the region's history of broken agreements. They analyze the sharp equity rebound despite ongoing oil supply risks, debate AI safety concerns su...

Trump's late-week announcement that US forces would hit Iran "extremely hard" for the next two to three weeks — rather than exit — sent markets sharply lower, with crude oil spiking toward $106 and the NASDAQ futures falling nearly 2% by Thursday afternoon. Mark, JT, and Kai work through a volatile week where risk-on/risk-off sentiment flipped multiple times on Trump headlines, revie...

In episode 112 of Bulls vs. Bears, hosts Jonathan Takadena and the team deliver a sharp, tongue-in-cheek update amid escalating global tensions in the Strait of Hormuz, volatile markets, and a chaotic news cycle dominated by unverified Trump statements. They dissect sharp moves in oil, equities, bonds, and commodities, highlight Australia's worsening fuel crisis (exacerbated by a cyclone knock...

In this episode of Bulls vs Bears Jonathan, Mark and Kai discuss the escalating US-Israel-Iran conflict dominating markets, with oil prices surging amid attacks on key energy sites like South Pars, the Pentagon's massive $200 billion funding request signaling a prolonged engagement, and Trump's unpredictable diplomacy including threats to flatten adversaries and awkward diplomatic moments....

One of the most turbulent weeks in global markets in years. The escalating US-Israel-Iran conflict has effectively closed the Strait of Hormuz — through which 20% of the world's oil and LNG flows — sending Brent crude above $100 for the first time since August 2022, with oil up approximately 50% in just six sessions. The IEA has called it the largest oil supply disruption in the history of the...

Oil chokepoints, KOSPI chaos, and a shock SaaS comeback: this Bulls vs Bears episode unpacks how a tiny stretch of water can blow out inflation, why Korea’s market is going ballistic, and how beaten‑up software just became the only green on the screen, plus a sneak peek at our five‑pillar SaaS and AI moat framework. Takeaways The 33km Strait of Hormuz is a ticking time bomb for oil and inflation....

In Bulls vs Bears Episode 108, MPC Markets, Kai Chen, and Jonathan (JT) explore the sharp recovery in battered SaaS and software stocks as the overhyped AI-disruption narrative corrects to reality. The ASX hit fresh record highs at month-end, powered by BHP’s transformation into a major copper play and standout earnings from Woolworths, while US indices stayed choppy despite Nvidia’s solid results...

In this week's episode, the MPC Markets team discusses a quiet but eventful market week overshadowed by escalating US military positioning around Iran, a rebound in select Australian stocks (notably Telix up 14%), signs of sector rotation in the US (Russell 2000 strength), ongoing SaaS sector pressure from AI disruption, and a deep dive into which software companies may survive or thrive long-...

This week, Kai Chen and Jonathan unpack the “SaaSpocalypse” — the sharp sell-off in global software and SaaS stocks as AI disruption fears collide with volatile markets. They cover surging Australian bank earnings, record equity index levels, and why Asia (especially Japan) is emerging as a relative bright spot. The discussion dives deep into whether AI is truly “eating software,” the overlooked v...

Bulls vs Bears episode 105 breaks down how AI hype and Anthropic's latest statements have flipped the market narrative on tech and AI leaders, triggering a sharp rotation out of the Mag 7 into defensives, value, and non‑US markets, alongside extreme volatility in metals, crypto, and key indices. ​ Key takeaways AI stocks sold off despite strong earnings – The Mag 7 mostly beat expectations but...

In this episode of Bulls vs Bears, Mark and Jonathan discuss the unprecedented volatility in the markets during January, highlighting significant events such as three Six Sigma occurrences in major assets like gold and silver. They explore the shifting strategies in precious metals and mining stocks, the divergence in tech stocks, and the anticipation surrounding the upcoming earnings season. The...

In this episode, the hosts discuss the current state of the markets, heavily influenced by Trump's actions and statements. They explore the volatility in the market, particularly in the tech sector and precious metals, and share investment strategies that capitalize on these trends. The conversation also touches on upcoming earnings reports and economic indicators that could impact market perf...