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A message from our friends at Porter & Company
I wish this wasn’t the case… But it’s happening, exactly as I predicted. I first warned my readers of this threat months ago. Many disregarded it. Now it’s accelerating and unless you prepare now you could be blindsided by an event two Nobel Prize winners have warned of… an event that you cannot ignore. The clock is ticking. Just take a look: In a single month, March of this year, U.S. employers announced 60,620 job cuts. That's a 25% jump from February. And one force was named as the reason why. Then the floodgates really opened. Meta announced it's laying off roughly 8,000 employees – 10% of its workforce – and quietly killing another 6,000 unfilled roles. The same week, Microsoft offered "voluntary separation" to 7% of its U.S. workers — more than 8,500 people. Translation: quit on your terms, or we'll fire you on ours. And they're not alone. Not by a long shot. Amazon cut 16,000 corporate jobs… Block cut 40% of its workforce…. Salesforce eliminated 44% of its support team... Oracle is reportedly axing up to 30,000 roles. IBM, Snap, Pinterest, Klarna… the list grows by the week. Almost 80,000 tech jobs evaporated in the first three months of 2026 alone. Although most people think this is about AI… it’s not. The story goes far deeper and is far more consequential. It’s something that I’ve been warning off for months now. And I’m not the only one. Two Nobel Prize winners have warned of this Final Displacement. Because they know, as I do, this event could trigger a once-in-a-generation wealth shift. A transfer of wealth that’s already begun with Goldman Sachs estimating 12,400 Americans are being financially destroyed every day… while others grow richer than ever before. Which side you’re on could depend on what you do next. Because for those who understand what’s unfolding, this could be one of the greatest wealth-building phenomena of their lives. But for those who bury their head in the sand… this force threatens to wipe out years of investment returns and could even destroy their financial future. Here’s the full story for you. 
26 years ago, I started telling friends, family, and anyone who would listen about an unprecedented societal shift that was barreling down on us. I’d discovered that a new technology was about to unleash massive, almost unimaginable, changes. I likened the impact to the railroad boom, the Industrial Revolution, and the rise of personal computing. At the time, I was working as an investment analyst for an elite research group, but my colleagues and bosses refused to listen to me. No matter what I said, they simply would not acknowledge the sands shifting beneath their feet. The legendary Dr. Kurt Richebächer – one of the world’s leading Austrian economists – even called me and my ideas “radical.” But I was certain this new technology would trigger a transformation that was simply unfathomable to most people… and those on the frontier could reap financial returns unlike any the world had ever seen before. So, I decided to put my entire career – not to mention every cent I had – on the line to spread the story myself. I left my job as a research analyst… went home to my third-floor apartment in one of Baltimore’s worst neighborhoods… and with a borrowed laptop, I wrote my first financial prophecy. And in an investment paper that’s now been read by more than one hundred thousand people… I explained how the endless miles of new fiber optic cables being laid was creating a new railroad across America. And that this new “railroad” was going to upend the telecommunications industry and pave the way for a new internet economy. I also warned it would decimate some of America's most dominant companies like AT&T. At the time, this was an outlandish idea, with analysts calling AT&T “dominant”, “unstoppable”, and “the giant that no other company can topple.” But those who were willing to open their minds to my so-called “radical” ideas were not only able to sell these companies before they collapsed… They also had the chance to get in early on the firms that would go on to command this new internet economy: Amazon, Adobe, Qualcomm, SunMicrosystems, Uniphase, Texas Instruments… These are household names now, but when I first recommended them in the late 90s, they were complete unknowns. Since then, I’ve issued a number of other financial prophecies, many of which have come to pass precisely as I predicted. But today, I’m stepping forward with a new exposé that I believe could surpass anything I’ve ever done… It’s an investigation into what I call The Final Displacement… and I don’t think we will ever again see a story that rivals the magnitude of this during my lifetime. I’m not talking about AI… quantum computing… augmented reality… the blockchain… or anything else you might be thinking of. No. This is far bigger than them all. In fact… It’s the cornerstone that all our recent technological innovations have been built upon and the future will be built upon too. Yet you’ve likely never heard of it before. Outside of the labs in the world’s most prestigious universities and tech companies, almost nobody has. But those who have… those who can see the writing on the wall… they’re investing billions of dollars, as they know this will transform everything. Marc Andreessen… Ben Horowitz… Elon Musk… Jeff Bezos… Mark Zuckerberg…Jensen Huang… Bill Gates… the list goes on and on. They know, as I do, that in a few years from now, we will not recognize the world we live in. How we work, live, communicate, transact… it will all be completely upended by what’s coming next. Today, I’m going to share it all with you… and I promise you’ve never heard anything like this before. You see, despite the magnitude of this story, nobody is openly and freely discussing this turning point. And that deeply concerns me, because I believe its emergence will draw an indelible demarcation line in society. On one side, you’ll have those who understand it, invest in it, and who are greatly enriched by it. On the other side… you’ll have those who underestimate it, turn a blind eye and are unfortunately impoverished by the sweeping changes it ushers in. I know what side I’ll be on. And I know what side I want you to be on. So go here to watch my full investigation into this story. Including the names of the companies to buy and sell if you want to capitalize on the impending multi-trillion-dollar displacement. Good investing, Porter Stansberry
Additional Reading from MarketBeat Media
After 15% L3Harris Price Drop, Is It Time to Buy or Time to Fly?Reported by Thomas Hughes. Posted: 5/2/2026. 
Key Points
- L3Harris is pulling back into a buying opportunity with MACD convergence pointing to another fresh high.
- Record backlogs, positive book-to-bill, and widening margins underpin the rally.
- Near-term headwinds may deepen the pullback before the rebound begins.
- Special Report: NOT buy any SpaceX IPO shares until you read THIS
L3Harris' (NYSE: LHX) share price fell more than 15% in March and April, raising questions about its near-term value. While near-term headwinds, investor concerns, and market mechanics played a role, the more likely outcome is that this pullback is creating a buying opportunity. The recent Q1 results reinforced a solid outlook and the potential to unlock value. The company was already planning to sell about 60% of its non-core Space assets and is now on track to spin off its missile business.
LHX is taking steps to reduce exposure to lower-margin businesses, create pure-play stand-alone companies with sharper focus, and capitalize on intense demand and government support. Until then, business trends remain robust, underpin a growing record backlog, and should support sustainable growth for the foreseeable future. LHX Stock Price Gained Momentum in Q1: Higher Prices ComingThe chart action tells a strongly bullish story. Monthly price action shows a market that has gained strength over many years, reached a fresh all-time high, and then pulled back. Signals such as MACD convergence suggest the pullback is a normal market move, likely leading to at least a retest of key resistance. In this scenario, LHX's share price will likely set another fresh high; the question is when and how high the stock might go. 
As for timing, the selloff could deepen before the rebound begins. The monthly chart shows strength, but the near-term action on the weekly and daily charts is less bullish. Those shorter-term charts show a market struggling for traction and at risk of falling another $20 to $40 before reaching solid support. The critical support level in early May is $318, and a move below that could trigger additional selling. Short interest is a minor concern, as it rose from historical levels in early 2025 and has remained elevated through early Q2 2026. However, at less than 2%, the increase is only marginal and reflects more caution than outright bearishness. The likely sellers already own LHX and are hedging their positions. Some good news, including the clearing of headwinds, could prompt them to reverse course and help put a bottom in this market. Institutional activity is another concern for near-term price action. The group owns about 85% of the stock and bought on balance over the trailing 12 months, but shifted to distribution in Q1 and Q2 2026. With this in play, the market will have difficulty advancing and setting a fresh high. The catalyst that prompts institutions to resume buying will likely be the same event that triggers a short-covering rally, with an upcoming earnings release being a probable source. L3Harris Has Catalysts: Market in Wait-and-See ModeL3Harris had a solid Q1, with revenue up 11.8% on strength across all segments. Revenue outpaced consensus by 530 basis points, driven by a 15% organic increase, volume, and ramping demand. Segmentally, Space & Mission Systems led with a 24% increase, followed by a nearly 18% gain in Missile Systems. Communications was the only area of weakness, growing 2.5%. Margins were another area of strength, with segment margin up 10 basis points (bps) and operating margin up 120 bps, driving accelerated gains on the bottom line. GAAP earnings of $2.72 were up 33% year-over-year, outpacing consensus by 800 basis points and suggesting the forward guidance may have been cautious. LHX executives left their revenue target unchanged but raised the EPS target to a low of $11.40, 10 cents better than before. The caveat is that guidance fell slightly short of consensus, prompting bullish analysts to move into wait-and-see mode. The news sparked plenty of commentary citing outperformance and the potential for future strength, but a cautious tone remained. Concerns include the spin-offs, execution, and budget constraints. Despite this, analyst trends remain bullish. The data tracked by MarketBeat shows a consensus Moderate Buy rating among 17 analysts, a 76% Buy-side bias, no Sell ratings, and an uptrend in the price target. The consensus implies nearly 10% upside relative to early May's support target, while high-end targets, including a recently set high of $418, would put this market at a fresh all-time high. Among the risks for investors is the potential reduction in capital returns. Executive orders and DoD scrutiny put the company at risk if it falls behind on production or faces budget overruns. As it stands, LHX reduced its share count incrementally in Q1, and its dividend yields an annualized 1.6% at recent prices. Given its Q1 margin improvement, the company may sustain its track record of dividend increases at year's end. |
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