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Dark Stone Capital LLC · Journal

Read. Think. Invest better.

Dark Stone Capital is a cash-swing desk. We trade our own capital in US stocks. This journal is how the work is written down.

Journal · Letter · #NFA

From the notebook

01
Nov
The AI Bill Came Due. Now Comes a Crowded Week.

The AI Bill Came Due. Now Comes a Crowded Week.

Alphabet, Amazon and Intel turned a calm week into a tech selloff. Here's why investors are now grading AI spending on cash, not hype, and what Apple, AMD, Tuesday's midterms, Friday's jobs report and the Doha talks could change.
5 min read
25
Oct
Calendar for the week of October 26 to 30: SpaceX unlock eligibility, housing starts, Fed decision Wednesday at 2 PM, Alphabet and Microsoft after the close, GDP and PCE Thursday morning, Ama

Quiet Indexes, Loud Names — Then a Decision Week

Indexes barely moved last week while Meta and chips took the hit. Here's why that split matters, what's still unconfirmed on oil, and why Fed Wednesday plus Alphabet, Microsoft and Amazon are the week's real tests.
6 min read
18
Oct
The AI Build-Out Gets Its Bill, and Meta and Tesla Report

The AI Build-Out Gets Its Bill, and Meta and Tesla Report

Tech stocks had their worst week since June as worries about AI debt spread. Here's why, what else
6 min read
11
Oct
Hormuz Says No, and CPI Week Begins

Hormuz Says No, and CPI Week Begins

The weekend in 60 seconds * Iran said no. On Sunday, Iran's top security official called Washington's
6 min read
25
Sep
We stopped waiting for pullbacks

We stopped waiting for pullbacks

Over the past week, the AI team noticed something that had been creeping for a while and finally became hard
2 min read
23
Sep
What this journal is now

What this journal is now

We cleared the archive on purpose. The old posts were a different desk voice. This site starts again as the
1 min read