Locator: 51188B.
Pageviews for the blog: may have hit an all-time record last last night.
Market:
- a) unless you need to do something today with regard to investing, avoid the market today;
- opportunity to grab a falling knife?
- b) watch the PGA; it's now live on USA; US Open is about six hours ahead of eastern / central US time;
- big names not at the top: DeChambeau (11th); Scheffler (19th); Gotterup (34th); Rory (50th)
- most other names I don't recognize
- Lucas Herbert, at the top, moved up 38 places on the leaderboard in second round (now at 18th hole);
- despite location on leaderboard, actual number of strokes suggest it's anyone's tournament yet to win;
- even Rory could surprise: off tee he has remarkable length and often great accuracy (off tee).
- projected cut: +1, though some announcers suggest +2
- Scottie Scheffler to tee off at 9:04 a.m. CT -- that's almost two hours from now.
- the Brits certainly don't mess around with bunkers/sand traps; should be called "sand pits"
- c) enjoy your energy stocks
WTI: back over $80, up almost $2; up 2.4%, as Mideast gets "worse."
What spooked the "chip" market? Or is it simply a head fake to benefit traders?
Many chip tickers up 3-digit percent past year and folks are concerned about 2% correction in futures market. In a little over an hour, Jim Cramer will give us the answers. Mutual funds locking in gains; end of third quarter coming up fast. Summer doldrums -- getting ready for August?
The DJI: market up another 6% since it "reversed" all losses back in May. Pick your dates. I've picked Mid-May, 2026 (May 19), and mid-July, 2026 (yesterday).
Trump is now the one asking for renewed negotiations. Not much more to say.
"Tit for tat" not working says Victor Davis Hanson. Trump's political opposition in the US not saying much on x. The opposition is apparently giving Trump/Hegseth a lot of rope to hang themselves, as they say. Could Hegseth's days be numbered? The best thing Trump could do for the mid-terms: get rid of Hegseth. Unfortunately, the deputy has absolutely no military experience. It must be very, very tense in the Situation Room. Four months to mid-terms.
Paradox: "What happens when an unstoppable force meets an immovable object?"
It is a classic thought experiment that relies on two mutually exclusive premises: logically, both cannot exist in the same universe, as one automatically proves the other impossible." Iranian leaders not "logical" so advantage goes to the Iranians. Of course, Hegseth isn't exactly logical according to most.
Taco Bell, Taylor Farms: any comments on blog with regard to "source," is preceded by "alleged."
