Sunday, May 3, 2026

Iran -- May 3, 2026

 Locator: 50705EXPORTS.

Day 1, May 4, 2026: "Project Freedom." 

Day 65, May 3, 2026: Operation Epic Fury. Trump says “no” to Iran’s plan. Fast boats are rewewing attacks on tankers in Gulf. If this continues, Trump says he might strike Iran again. Last day of Operation Epic Fury (?). US crude oil exports surged to a record 5.2 million bpd in April. Corpus Christi, Texas, one of the largest oil export terminals in the world, had the busiest first quarter in its history. 

US crude oil exports, EIA, link here:


One year ago: 3.883 million bpd, April 2025. That's a 34% increase year-over-year. This will certainly help with America's balance of payments. MAGA. 

Amit's Thoughts On The Market -- May 3, 2026

 Locator: 50704MARKET.

Anticipation: Sunday night, May 3, 2026 -- South Korean stocks hit fresh record, building on historic monthly rally in April.  

US market;  

From "Amit' at this link

Article here, at this link. No paywall.  

No comment; no recommendation; simply re-posting. 

To the extended family. Tomorrow, unless "something" changes, I will be putting a fair amount of new cash into the market, all large cap. I have one of three choices, or a mix of all three:

  • AAPL; and/or,
  • BRK-B; and/or,
  • a Schwab ETF: either SCHB or SCHB.

**********************************
Disclaimer
Briefly

Briefly

  • I am inappropriately exuberant about the Bakken and I am often well out front of my headlights. I am often appropriately accused of hyperbole when it comes to the Bakken.
  • I am inappropriately exuberant about the US economy and the US market.
  • I am also inappropriately exuberant about all things Apple. 
  • See disclaimer. This is not an investment site. 
  • Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. All my posts are done quickly: there will be content and typographical errors. If something appears wrong, it probably is. Feel free to fact check everything.
  • If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 
  • Reminder: I am inappropriately exuberant about the Bakken, US economy, and the US market.
  • I am also inappropriately exuberant about all things Apple. 
  • And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia. Nvidia is a metonym for AI and/or the sixth industrial revolution. 
  • I've now added Broadcom to the disclaimer. I am also inappropriately exuberant about all things Broadcom. Now, I've added Amazon.
  • Longer version here.   
  • Apple -- May 3, 2026

     Locator: 50703APPLE.

    Tag: AAPL 

    Sunday night links:

    Apple services: link here.

    Apple was caught off guard by MacBook Neo's "off-the-chart" demand. Link here

    MacBook Neo: Apple's strategic play to disrupt the PC market: link here

    Apple reports record-breaking 2Q26 results: link here

    **********************************
    Disclaimer
    Briefly

    Briefly

  • I am inappropriately exuberant about the Bakken and I am often well out front of my headlights. I am often appropriately accused of hyperbole when it comes to the Bakken.
  • I am inappropriately exuberant about the US economy and the US market.
  • I am also inappropriately exuberant about all things Apple. 
  • See disclaimer. This is not an investment site. 
  • Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. All my posts are done quickly: there will be content and typographical errors. If something appears wrong, it probably is. Feel free to fact check everything.
  • If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 
  • Reminder: I am inappropriately exuberant about the Bakken, US economy, and the US market.
  • I am also inappropriately exuberant about all things Apple. 
  • And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia. Nvidia is a metonym for AI and/or the sixth industrial revolution. 
  • I've now added Broadcom to the disclaimer. I am also inappropriately exuberant about all things Broadcom. Now, I've added Amazon.
  • Longer version here.   
  • Wow, Wow, Wow -- It's Gonna Be A Lana Del Rey Night -- May 3, 2026

    Locator: 50702MUSIC.

    Music: there are several Lana Del Ray "night ride" music videos over on YouTube. This is one of them. Put the headphones on and set the volume on high. Another one.

    Iran: Trump is getting high marks for this move. Trump is putting together an international effort to open the Hormuz. Iran has two choices. Negotiate seriously or sic the IRGC fast boats on ships trying to transit the strait. Trump has declared end of hostilities. Now he waits to see what Iran does. If Iran attacks and the US responds, the 60-day War Powers Act clock starts again. 

    US Running Out Of Munitions? US Fast-Tracks Munitions To Mideast Partners -- May 3, 2026

    Locator: 50701IRAN.

    Irony? Links everywhere My favorite -- The NY Times. Editors admit it was not on their bingo card.