Mid-Day Thoughts -- July 27, 2026

Locator: 51274ARCHIVES. 

Observation: 

 More: 

Tea leaves:

• the Fed won't raise rates this week;
• Warsh's teams have just begun working; not yet finished;
• the Fed's annual Jackson Hole, Wyoming, meeting scheduled for end of August, 2026
• Warsh's teams will report at that meeting.
• Iran War remains in flux: oil prices will have great effect on inflation rate.

Tea leaves:

• Iran
• the "official Iranian government" not in charge;
• IGRC is now independent, running its own "government"
• US has paused for the past three days and apparently willing to pause for an extended period;
• IGRC has returned to firing drones on its neighbors
• Iran: Persian conflict
• the rest of the mideast: Arab
• chatbot query: fundamental split before the Persians and the Arabians in the Mideast;
• IRGC firiring drones now?
• not taking the war to the US; 
• rather, this is IRGC's message to the "official government of Iran." 

From Reuters, link here:

BRK-B Is Lucky To Be Flat For The Past Year -- July 27, 2026

Locator: 51273AAPL. Note P/E and market cap. 

At one time, BRKB has almost a billion shares of AAPL. Today, a quarter of that amount. 

At the most:

Today:  

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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.  

One Of Four Scary Weeks Each Year -- Apple (AAPL) Reports Quarterly Earnings This Week -- Pre-Earnings -- July 27, 2026

Locator: 51272AAPL. Note P/E and market cap. 

One-year target currently AAPL sits well above the consensus one-year target, but it hold a moderate buy / buy rating. 

Market cap:

• NVDA: $4.86 trillion
• AAPL:  $4.97 trillion

AAPL (Apple): with a new all-time high -- near the open --

Mid-day:

*********************************
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.