Locator: 51269AI.
Mideast: sweet spot right now.
Active military action paused but the blockade remains. Sweet spot: if the US Congress directs the US Navy to depart the Mideast, Israel will keep close watch over Iran and their proxies: Houthis, Hamas, Hezbollah.
Calgary Stampede: Calgary, Alberta, for the next nine days.
Anticipation: for those folks who have money in cash, or as they call it, "dry powder."
By the time those with "dry powder" get into the market tomorrow morning, things may have already surged tomorrow morning. Meanwhile, I'm fully invested, with cash parked in ETFs: IHE, SCHB, SCHS, SCHG. Memo to self: review success of "market timing."
Reminder: late last week Jim Cramer, Jamie Dimon, and Warren Buffett were unanimous. This is not the time to be buying equities. Okay. Posted earlier. My hunch: if futures how throughtout tomorrow, Jim Cramer will be the first to change his advice.
AAPL: if futures hold, I will be really, really interested in AAPL tomorrow. And Micron.
- Dow futures: +273.
- S&P futures: +46
- NASDAQ futures: +325%
WTI: dropping below $85 -- dropped almost 5% over the weekend; dropped over $4.00 / gallon.
Investing this week: these are the three data points I'm watching closely this week --
- whether the Fed raises rates;
- earnings -- busiest week of the earnings season; and,
- WTI.
Reading the market, link here: if I'm reading this newsletter from the Senior Finance Analyst at Yahoo!Finance, were on the same page -- if investors are joining traders in the AI sell-off, the investors are misreading the market. They should be buying, not selling.
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Disclaimer
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. And QCOM. Longer version here.
