Locator: 49531CRAMER.
First, first up: Trump, Bessent, China, rare earths, and soybeans -- wait until we hear the details on this one!
For those folks who think we're in a bubble right now, stay tuned. Bar the door, Katie. Xi really, really appreciates the personal attention he gets from Trump. Trump's predecessor would be lucky to be able to walk across the stage. This is getting so much attention, the new tariffs on Canadian goods has been completely forgotten. Except by Canadians, LOL.
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Dallas Cowboys
First up: eager to hear Stephen A Smith talk about the Dallas Cowboys over the weekend -- lost to the Broncos yesterday -- 44 - 24, and the score doesn't reflect how bad it really was. Dak benched in the 4th quarter with more than five minutes left in the game.
AI prompt: how did the two receivers do in the Dallas Cowboys game yesterday agains the Broncos.
Comment: these are two of the best receivers in the NFL and they each tracked for 75 years, combined, 150 yards! Holy mackerel. That was it. But I guess that's about average. Having said that, neither of these two made the top five in receiver stats for the NFL yesterday. #2 was Troy Franklin, Denver Broncos. The Cowboys have no defense, and it appears that their offense came up short yesterday.
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More
World series: third game tonight; in Los Angeles; series tied at 1 - 1. This is going to go down as one of the best series ever. On so many levels.
Natural gas, Europe:
Segment on Warren Buffett, BRK-B: notes that one analyst has down rated BRK-B to a "sell" and as much as CNBC, Jim Cramer, et al, love BRK and Warren Buffett ...
Jim Cramer said he can't disregard the new "sell" rating. In pre-market trading, BRK-B is down again, on a day that futures suggest the overall market is going to surge. Again. Even AAPL is up in futures. Others to look at this a.m.: AVGO, ORCL MU, and AMD.
At the market open:
- DJI: up 325 points;
- S&P 500: up 64 points;
- NASDAQ: up 340 points.
AVGO: major segment by David Farber. Big tie-in with AI -- furnishing chips to AI. Previously reported on the blog. Hard to keep up.
Renters: mentioned the "renters" article in The Wall Street Journal over the weekend. That's in the queue; will eventually get around to posting it. I haven't read the article. I'll be curious if they mention what is driving the thesis. If they don't, I'll mention it. Later. Perhaps a stand-alone blog. Perhaps in bold red.
Bubble: over the weekend I posted that if the news holds, the first story we'll see on Monday (today) is "are we in a bubble?" LOL. First story in my news feed this morning? From The New York Times, "are we in a bubble?" LOL. I'll talk about that shortly.
Oracle's bond offering last week. Another big segment on Cramer's first hour. Brought up by David Farber. Tell me again it's a bubble: note the "arrangers," including that bear, Jamie Dimon. LOL.
Quantum computing: again Jim Cramer gets it. IBM.
Mary Barra, GM, CarPlay, Apple: I absolutely did not want to talk about this on the blog, but I may be forced to do just that. Too many readers caught it and sent me the story (I had already seen the story; didn't feel it was newsworthy but apparently a lot did). For me, this story started in 1984. Yeah, that long ago. I was in Europe at the time.
TPUs: holy mackerel! Long segment on TPUs at the top of the hour, the Eisen Hour. Sara is off today. Reminder: TheMillionDollarWay was the first non-tech blog that requires no subscription and has no ads that mentioned TPUs. Link here.
QCOM: why this story is important. Link here.
India: a reader alerted me to this story. Link here.
My reply:
But seriously, look how small that "investment" is. $700 billion over several / may projects. In fact, I had to double-check that: was the headline $500 million?One -- again, one AI project in Texas -- is the $500 billion Stargate project in west Texas. $500 billion -- that's half a trillion from on-government publicly traded companiesMeanwhile, India ... half a billion and it gets a headline. I'll have to read the story.Maybe I'm missing something or misreading something.
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Disclaimer
Brief
Reminder
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.
- Many posts are not proofread for several days after they've been posted.
- 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.
- And Oracle.
- Longer version here.
