Week 6 February 2-8 Notes


2026 Q1 stock market & asset themes we're watching out for.. when in doubt zoom out and focus on your margin of safety.


Stocks


Large Caps


$PYPL - earnings in line with our expectations but market over-reacted more than we expected. Does anyone use paypal anymore?


$GOOG - Earnings: $403 billion in sales in 2025, capital expenditures could hit $185 billion this year (double its 2025 spend).


$GOOS - Q3 saw 13% revenue growth, led by strong D2C (Direct 2 Consumer) and wholesale gains in North America and Asia Pacific. Adjusted EBIT margin contracted due to higher SG&A (Selling, General, and Administrative) and product mix, but margin expansion initiatives are underway for fiscal 2027.



Small Caps


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