Tuesday, February 3, 2026

Clearing The Decks -- February 3, 2026

Locator: 49887ARCHIVES.  

SCCO: seriously, truthfully, crossing my heart and hope to die, this was the first ticker I checked this morning -- I thought it was all about fiber now -- at least that's what Cramer said. 

Dow: all-time high. Who wudda thought? 

  • Trump closer to deal with Iran?
  • the India tariff news?
  • earnings?

WOW! This has been a theme on the blog for the past few weeks. Now, this, top story on CNBC online this morning (other then the Disney story). I guess that cash hoard that Apple has is pretty nice. Wow, in a post some weeks ago I addressed this directly. 

Gaza: opening the border crossing between Gaza and Egypt was a requirement of President Trump's peace plan for "the territory." Today it's being announced that after two years, the Rafah border crossing is now open. Link here. It's such a big story that even The New York Times was forced to begrudgingly cover it. Rest of liberal media: crickets, but if mentioned, doesn't give any credit to Trump. It get tedious. 

Disney: new CEO. CNBC's coverage is excessive. 

Palantir: an "n" of one. Greatest quote ever.

PayPal: an incredible debacle. Link here. For as long as I can remember CNBC beat the drums for this one; now? Crickets. Not mentioned once this week by Cramer, et al.

Melania: driving the Hollywood elite nuts. Link hereHollywood Reporter, link here. Also not mentioned on CNBC. From the Hollywood Reporter:

GOOG: a decade ago, Google wrote a $900 million check for a 7.5% stake in SpaceX. Today, the SpaceX merger with xAI = a $1.25 trillion market valuation. Absolutely insane

Trump's tariffs: for as long as I can remember CNBC couldn't say enough bad things about Trump's tariffs; now? Crickets. Not mentioned once this week by Cramer, et al, except in passing.

Pelosi: remember that story about Pelosi selling her Apple stock just before earnings came out? Okay. Some folks follow Pelosi, others follow Trump. It appears Pelosi missed INTC.

Softbank - Intel: link here.