AND.....I see that OIL is now below $80. And of course....the FED will do ....NOTHING. Kevin Warsh’s Fed is not expected to make any change to rates for a while, according to CNBC Fed Survey https://www.cnbc.com/2026/06/16/kev...for-a-while-according-to-cnbc-fed-survey.html We continue to ENJOY a historic....BULL MARKET. Things continue to line up nicely.......but....it will not last forever. Stay smart and let the LONG TERM do the heavy lifting and smooth out all the bumps along the way.
I tend to agree with this grouping as the GUTS of the market over the next 5 or so years. The 'Magnificent 7' is so last year. SpaceX, OpenAI, and Anthropic are ushering in the FAB 10. https://finance.yahoo.com/markets/a...pic-are-ushering-in-the-fab-10-120409551.html ....."The FAB 10 (Frontier AI & Big Tech 10). This is the Mag 7 plus SpaceX, as well as the future listings of OpenAI and Anthropic. Together, these companies represent the future of AI & tech that will define the next decade."......
HERE comes a TIDAL WAVE of.....VOLATILITY. SpaceX options list on Tuesday. Here’s what to watch https://www.cnbc.com/2026/06/16/spacex-options-list-on-tuesday-heres-what-to-watch-.html
AND. ‘Godfather’ of options sees SpaceX surpassing Nvidia, Tesla as early trades come in https://www.cnbc.com/2026/06/16/god...ing-nvidia-tesla-as-early-trades-come-in.html
ASSUMING....we can get the IRAN deal finalized.....here is the NEXT.....MONEY IN THE BANK.....little black swan for the markets. It is just a matter of when....NOT.....if. Trump turns his attention to Ukraine ahead of Iran deal: ‘I’m going to do whatever I can’ https://www.cnbc.com/2026/06/16/trump-zelenskyy-ukraine-war-iran-g7-summit.html
We had a pretty good open....but now....not so much. The MID MORNING FADE. So time to sit and wait for the close......when ALL will be known. At least for one day.
And for know, that's exactly what they should do. NOTHING Things are moving along just fine, no need to mess with success..........
I'm going to temper my response to this "Good News" , this is not a place where we debate politics, BUT, I will say that in this area , We could be a day late and a dollar short ................. Democracy should be defended on the WORLD stage , period, end of story Not on the ability to placate ........nevermind
I'll wait for the fall, unfortunately, I said the same thing when tesla was at about $130.......argh hindsight is 20/20, BUT, log it in the memory
I don't see a rush, OMR. For me, snap snap decisions are never a good idea, even when I get away with it. SpaceX can add a ton of value with orbiting data centers but not 2T worth of value. Personally, I will probably wait until it looks like Terafab has a chance of success, before I throw my hard earned get-rich-quick money into the ring. With vertical integration, SpaceX can grow into the 2T valuation. Without it, I don't see how they can.
I had a medium LOSS in my stocks today. BUMMER....we got one good day from IRAN. Better than nothing. I was LUCKY....to miss the entire day after the morning open....GREAT.
I'm with you, Monday was one of those once every couple of years days, UP 3.12% , AMG GT-C Convertible here I come. I put a beat on just about every index known to man......ok slight exaggeration Today we decided to go in the wrong direction ........ DN 1.10% Nevermind, put the Merc AMG GT-C back on the lot , I can't do a white interior....... I mean we can't take it with us ...................... and Remember ....... If you don't fly First Class......Your Kids Will !!