Holy Mackerel -- Morgan Stanley's #1 IT Pick -- AAPL -- July 15, 2024

Locator: 48141AAPL.

At the end of the day, I think the "oil" story is being missed. 

Until the "story" changes, the most exciting sectors / tickers for the next ten years:

• energy -- fossil fuel -- as global demand continues to increase; absolutely not intuitive and "most" would disagree, but IYKYK (global demand for oil has hit new record, 103 million bopd)
  
• in the energy sector, natural gas to provide electricity
• four regional / state / ISOs to provide the electric grid
• AI-dominant tickers
• chips
• software:
  
• consumer electronics: there's only one
  
• hyperscalers: data centers; cloud services
  
• streaming, communications: 
• there are only four in the mix that get my attention, and I wouldn't invest in any of them
• last-mile delivery: there are only two that have my attention and only one in which I would invest
  

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Disclaimer Briefly Reminder

• 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 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 US economy and the US market, 
• I am also inappropriately exuberant about all things Apple.  

Amazing: I've never seen so much time spent on AAPL by CNBC as we saw today. 

Price target significantly higher than today's close, but the "outside bull case" for Morgan Stanley has a price target of $379. 

Morgan Stanley is looking out over the next two years; this is not a trade -- this is a long-term investment story.

Many, many reasons Morgan Stanley argues the "bull case." 

Wow. 

CNBC's "Fast Money": on a day that was so amazing for AAPL, it will be interesting if AAPL is covered by "Fast Money" today. 

Dan Nathan, one of the four regular panelists absolutely hates AAPL -- he hates AAPL so much he has let us know that he has shorted AAPL. He was talking negatively about AAPL all the way back when AAPL plummeted to $165 earlier this year. The CNBC "Chart Master, Carter Braxton Worth, similarly consistently speaks negative of AAPL. The host, Melissa, remains balanced but I've never gotten the feeling she likes AAPL. 

Later, Fast Money: CNBC's "Fast Money" will cover AAPL according to the host's tease! 

But wow, Melissa is covering absolutely every other ticker than AAPL. She will get to AAPL but apparently in no hurry. Amazing. It's now 40 minutes into this one-hour program and AAPL has still not been mentioned. See this post for background for AAPL today. Now 45 minutes into the program and no AAPL coverage yet. Now "breaking news" with regard to one of many Trump cases. Breaking for commercial and then apparently will get to AAPL. And there it is: only panelist discussed it and brushed over it quickly, simply saying "AAPL's a bit too rich (at 32x next year's earnings) for him." Dan Nathan who had shorted AAPL did not say anything. LOL.

Meanwhile: