Charlie Bilello PV

Chief Market Strategist @ Creative Planning

Investor | Writer | Reader | Thinker

Trying to become a little wiser every day.

[Charlie Bilello PV @charllilello]

Tesla revenues hit a record $28 billion in Q2, rising 26% over the last year. That was the highest revenue growth since Q2 2023. Net Income came in below expectations at $1.1 billion, a 5% decline from a year ago. Operating margins fell to 1.4% from 4.1% a year ago. Free ca $TSLA

[Charlie Bilello PV @charllilello]

Tesla delivered 480k vehicles in Q2, up 25% from a year ago (384k). This was the highest YoY growth rate since Q3 2023. $TSLA

[Charlie Bilello PV @charllilello]

87% of Google's record $112 billion net income in the 2nd quarter came from historic markups in its equity investments (SpaceX/Anthropic/etc). Without this "other income" Google's net income would have shown a modest 2% increase from Q1 to roughly $33 billion. $GOOGL

[Charlie Bilello PV @charllilello]

The First Half of 2026:
-EM/International > US
-Small/Mid Caps > Large Caps
-Value > Growth
-Magnificent 7 down on the year

Diversification matters again.

Video: https://t.co/yIUlOIJGPs…

[Charlie Bilello PV @charllilello]

At the start of the year, the bond market was pricing in 2 Fed rate CUTS.

Today it's pricing in 1 to 2 Fed rate HIKES.

That's a nearly 1% swing in expectations.

Video: https://t.co/yIUlOIJGPs…

[Charlie Bilello PV @charllilello]

US Small Caps were up over 22% in the first half of 2026, their best first half performance since 1991. Their outperformance vs. Large Caps of over 12% was the widest for a first half since 2001.

Video: https://t.co/yIUlOIJGPs…

[Charlie Bilello PV @charllilello]

Global Central Bank Update:
-New Zealand hiked rates for the first time in 3 years, 25 bps increase to 2.50%.

[Charlie Bilello PV @charllilello]

The Japanese Yen is at its lowest level since 1986 against the US Dollar, losing 54% of its value from the 2011 peak.

Video: https://t.co/yIUlOIJGPs…

[Charlie Bilello PV @charllilello]

The Dow crossed above 53,000 today for the first time, its 5th 1,000-point milestone of the year.

[Charlie Bilello PV @charllilello]

Florida Home Prices, % Below High (via Zillow)...
Miami: -3%
West Palm Beach: -5%
Orlando: -5%
Port Saint Lucie: -6%
Tampa: -6%
Jacksonville: -7%
Fort Lauderdale: -7%
Key West: -8%
St Petersburg: -12%
Naples: -12%
Sarasota: -14%
Fort Myers: -18%
Cape Coral: -22%

[Charlie Bilello PV @charllilello]

@gbstone2 @charliebilello Hey @gbstone2 hit me up on here, it's my private page. Way easier to chat on this one

[Charlie Bilello PV @charllilello]

On a rolling 5-year basis, US stocks have now outperformed International stocks for over 15 years.

This is by far the longest run of US outperformance in history.

Happy 4th everyone!

[Charlie Bilello PV @charllilello]

Bitcoin (-31%) and Gold (-7%) were the worst performing major assets in the first half of 2026. This is something we haven't seen before in any calendar year.

[Charlie Bilello PV @charllilello]

New Post:

The Week in Charts...

https://t.co/5aW03d64vr…

[Charlie Bilello PV @charllilello]

US Unemployment Rate moved down to 4.2% in June, the lowest since June '25 & well below the historical average of 5.7%. 57k jobs were added vs. 114k expected. April/May jobs were revised down 74k. YoY wage growth: +3.5%. No Fed move expected in July, Sep is 55% prob of a hike.

[Charlie Bilello PV @charllilello]

Corruption 101...

[Charlie Bilello PV @charllilello]

“Everybody’s profiting.” -President Trump

Except the people who bought his coins.

Trump family crypto earnings: $1.4 billion
$TRUMP meme coin: -98%
$MELANIA meme coin: -99%

Perhaps the most blatant example of corruption in the history of American politics.

[Charlie Bilello PV @charllilello]

He made over $1 billion on crypto while selling access to the presidency to anonymous token holders - many of whom weren't Americans.

This wasn’t just a meme coin pump and dump.

It was also a pay-to-play access token.

[Charlie Bilello PV @charllilello]

Semiconductor stocks were up 237% over the last 14 months, surpassing the 234% surge during the peak of the dot-com bubble.

The AI mania has taken semis to a place only seen once before.

History doesn’t repeat, but extremes tend to rhyme.

Video: https://t.co/1WKvZWMmlO…

[Charlie Bilello PV @charllilello]

Incredible: The Fed is finally acknowledging what everyone else has known for 5 years. Prices are too high and easy money policies are fanning the flames of inflation.

Solution is simple: hike rates, end QE, and stop printing money. Do the opposite of what caused the problem.