Belanger Trading
From the Trade Desk is Belanger Trading’s daily market commentary on what matters on Wall Street right now, and why we’re watching it.
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- #11
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- 325K
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- Recommends
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What they write about
Daily market commentary from a trading desk, written in a blunt, headline-driven style. Recurring subjects include single-stock reactions to earnings, the artificial-intelligence and semiconductor trade, insider selling, and how the market reprices companies after a change in guidance.
- daily commentary
- single stocks
- earnings reactions
- semiconductors
- insider activity
Recent examples: Buy Every NVDA Dip Before Nvidia BEATS You to It · Wednesday's Chip Selloff Is a Bear Trap. BUY It.
Written from Belanger Trading’s own published post titles and openings in Sep 11, 2026. It describes the subjects the newsletter covers, not its views, and is not investment advice.
Most-mentioned tickers
Symbols named in the headline of a post from the last 30 days, most-covered first. The number is how many of those posts mentioned it.
Read from 6 post headlines in the last 30 days. A newsletter that names a company only in the body of a post will not appear here, and a mention is not a recommendation — it only means the symbol came up.
Growth history
Subscribers (thousands, nightly)
321K on Sep 10, 2026 → 319K on Sep 30, 2026
Followers (thousands, nightly)
Rank in Substack’s finance leaderboard: #11 today · #13 a week ago
Stats worth sharing
Tracked since Sep 10, 2026 — 21 daily snapshots so far. The card below is built from what we track and refreshes nightly.
- Percentile
- Top 3%
- Best rank seen
- #11
- Rank, 7 days
- +2 places
- Subscribers added
- −2.0K
- Followers added
- −1.4K
- Posts
- 10
- Tickers covered
- 6
of 525 ranked finance newsletters
on Sep 30, 2026
since tracking began
since tracking began
last 30 days
in tracked posts
Recent posts
- Buy Every NVDA Dip Before Nvidia BEATS You to It
Nvidia is buying Nvidia. The board said so Monday before the open. It added $150 billion to the company's buyback. A buyback is a company spending its own cash to buy its own shares back from the market. Nvidia calls it the largest buyback increase in history. The Street heard one message. CNBC's Tuesday headline said the stock was too cheap for Huang to resist. Nvidia made the move Tim Cook made at Apple. Nvidia Just SMASHED Apple's Buyback Record Apple held the old record. It authorized $110 billion. Nvidia just topped it, and now has $235 billion left to spend. An authorization is…
- Wednesday's Chip Selloff Is a Bear Trap. BUY It.
The Nasdaq-100's new record lasted one day. Chip stocks carried the index to a record close on Tuesday, Sept 22. On Wednesday, chips gave it all back. Is this a real record, or a bull trap built on six days of chip buying? A bull trap is a rally that lures buyers in right at a top. It's a real record, and Wednesday's drop is a bear trap. A bear trap is a pullback that tempts investors to bet on a drop right before the market keeps climbing. Chip Stocks DRAGGED the Nasdaq-100 Back to a Record The Nasdaq-100 tracks 100 of the largest non-financial stocks on the Nasdaq. It closed Tuesday at…
- Don't CHASE META's AI Rally Yet
Meta's new AI app just knocked ChatGPT off the top of the App Store. The stock jumped 11% on Monday. No source ties that rally to the ranking. The problem is that Meta has not released one number showing that people keep using the app. And Meta has seen this before. It launched Threads, an app everybody downloaded, and then most of them walked away. Wall Street PAID UP Before Meta Showed One Number Muse launched Sept 8 in the US on iPhone, Android and the web. It is an AI agent app. An AI agent is software built to do tasks for you. Most of Muse is free. Meta offers paid subscription plans…
- Washington Just Turned Crypto Headwind Into a TAILWIND
Washington hit crypto twice in two days last week. First the Senate killed the bill the industry had waited on. Then the Fed raised rates. Coinbase lost 10% in a single session. By Friday it was back above where it started. A third agency in Washington granted the industry an exemption, and the market rallied after it. The Senate and the Fed HAMMERED COIN Back to Back The bill is the CLARITY Act. Congress wrote it to set the rules for how crypto gets regulated in this country. On Tuesday, September 15, it needed 60 votes on cloture, the procedural vote that lets a bill move forward. The count…
- Anthropic's AI Pause Is a LOCKOUT. Own CRWD.
The market sold AI chips Monday on a promise nobody made. Anthropic's CEO, Dario Amodei, told the AI industry to slow down in an essay Saturday. Sam Altman and Elon Musk said they agreed. By Monday, chip stocks were getting sold around the world. Software got bought. The street heard "slow down" and read "buy fewer chips." Nobody said that. Amodei didn't ask for a pause. He asked for a license. And the stock that gets paid isn't a chip stock. Not One AI Lab Promised to Buy Fewer Chips The essay is titled "We Must Pace the Frontier." Amodei wrote, "We must slow the pace at which we improve the…
- MCD Is NOT a Buy Until It Falls 30 More Points
They sold every restaurant stock Tuesday. Not because a company missed. None of them reported anything. A data firm put out a report that morning. It painted an ugly picture of eating out. Investors didn't wait. They hit the sell button all session. So after a repricing like that, is there a good buy left in the group? Yes. One. And it is not the obvious one most people will reach for. Stores Held Up in August. Dining Rooms Did Not. The report came from Placer.ai, which counts foot traffic, how many people walk through the door. In August, US brick and mortar dining visits were down 2.4%…
- Trade Oracle Don’t OWN It.
Oracle printed a record cash-flow quarter. Wall Street kept selling it. Down into the report. Down again Friday. Good quarter, but not enough. That's what I'm hearing from folks on the desks. Demand isn't the problem. Backlog, the business Oracle has signed but not delivered yet, hit $664 billion. The balance sheet is. Oracle is spending on AI faster than the business brings in cash. And this quarter's cash-flow statement shows who covered the gap. Customers Fronted Half the Cash. Oracle Still Came Up Short. Start with the spending. Capex, the money Oracle puts into data centers, chips and…
- AVGO Is Dead Money Until December
The Street dumped Broadcom last Thursday with shares sinking 7% at the low. Even after reporting it’s best quarter the company has ever printed. And what soured the Street was the forecast. Shares did bounce on Friday session, but this isn’t a dip buy, it’s a sell the rip. The AI Numbers Are Huge. The Forecast Is Not. Fiscal third quarter revenue came in at $29.6 billion, up 86% from a year ago. AI chip revenue was $16.7 billion, up 221% year over year. 54% from the prior quarter alone. More than triple, in twelve months. Earnings beat too. $3.32 a share against about $3.23 expected. Then…
- SELL LULU Before New CEO Cuts the Guide
Lululemon reported a disaster Thursday night. By midday Friday the stock was down about 17.6%. Nobody should be shocked. This is what the quarter before a handoff looks like. Heidi O'Neill becomes chief executive September 8. Two interim bosses who are going back to their old jobs wrote the full-year forecast she walks into, and they wrote it Thursday. I think she cuts it. Two Cuts in 91 Days by People LEAVING On June 4 the company told investors fiscal 2026 revenue would come in at $11.0 billion to $11.15 billion, "a decline of 1% to 0%." Earnings of $10.95 to $11.15 a share. On September 3…
- Marvell Is Dead Money Until October 6
Two AI chip names reported blowout quarters last week. One sank. The other soared. Because the Street is now nervous about the AI multiples. Which is why they are rotating out of one, into the other. A Dime Under the Price Marvell Gave Google On August 18 Marvell issued Google a warrant. A warrant is a contract that lets the holder buy stock later at a price fixed today, the strike price. Marvell set that price at $206.58 a share, on up to about 59 million shares, good through 2033. The number is in the company's own filing. Wednesday Marvell closed at $206.48. Ten cents under it. Marvell…
- The AI Trade Just DESTROYED Its Best Chip Stock
They took the AI memory trade out back Monday. All because the AI King decided to squeeze its biggest customers over the weekend. Bloomberg reported it. Nvidia is taking AI server prices up more than 15% early next year. And the part Nvidia blamed for the hike sets up an interesting sympathy trade tomorrow. Nvidia Just Repriced the Whole AI Machine You raise prices when you can, not when you have to. Nobody with Nvidia’s margin had to. Memory is the chip that holds whatever a machine is working on right now, and a modern AI system carries an enormous loadout of it. Stacks sit next to every…
- How a CEO Turned an AI Blowout Into a Crash
Cisco got destroyed today. Shares closed deep in the red, down 8%, the morning after the best quarter and the best year Cisco has ever reported. The night before was even uglier. When the report hit just after the close, shares spiked as much as 8% in after hours. The print was that good. $9.3 billion in AI orders this year, 4.5 times last year's total, and a full-year guide above what Wall Street wanted. Then the call started at 4:30 and it all came apart. The stock crashed back through the closing price while the CEO was talking and kept falling, down 10% before he was done speaking. An…
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Data: Substack public leaderboards and publication archives, refreshed nightly, plus public beehiiv sitemaps and recommendation pages, refreshed weekly. Source for this page: Belanger Trading. Subscriber counts are Substack’s own rounded public figures, so week-on-week changes move in steps. beehiiv audience sizes are self-reported by the publisher and are not verified. Last snapshot: Sep 30, 2026.