Locator: 51373MARKET.
Market open: CNBC suggests the market open will be "mixed."
- the Dow will be down an inconsequential 60 points;
- NASDAQ will be up about 60 points;
- S&P will be down about 2 points.
- Copper is up: $6.622.
Movie releases: Paramount Skydance is willing to commit in writing to releasing 30 films a year in theaters -- CNBC, 5:26 a.m. CT. It appears that even if PS loses the Netflix deal, PS has a strong commitment to making movies.
AVGO: link here for chart of the day -- Broadcom's bullish setup strengthen.
APPL: currently is up about 60 cents in pre-market trading (5:32 a.m. CT).
BRK: link here for headline of the day -- Berkshire earnings were good -- not great. This should get your attention: it's "good" report was due mostly to currency gains --
The conglomerate reported a 16% increase in after-tax operating profits to $13 billion on Saturday, but the advance was driven mostly by a swing in one-time currency gains and losses that the company doesn’t strip out of its earnings. The big loser was Japan’s yen, which affects the carrying value of Berkshire’s $15 billion of yen borrowings that help fund its equity stakes in five Japanese trading companies.
BRK: pre-market, BRK appears to be up one-half of one percent, about $2.82, trading at $524.62, pretty much in line with what the rest of the Dow is doing. The BRK meme today: CEO Greg Abel is starting to deploy Buffett's massive cash horde.
Amazon Prime: has another massive hit -- Ride or Die. The entire 8-episode 2026 season dropped on July 15, 2026. One can binge-watch the entire series in one evening. The series stars two hugely successful Hollywood women. Judith Burton, played by Hannah Waddingtham, channels Jason Boerne in that highly successful franchise.
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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.