Tesla usually has a pull back every 6 to 9 month. If the battery reports are anything but great, then it could be the trigger today. Microsoft has plans to acquire video game giants Bethesda's parent company ZeniMax Media for $7.5 billion, to crush Sony. Nvidia buying ARM from SoftBank could make them the most important chip player of the decade, challenging Intel and AMD. Does it worth $40 billion? DOW went down about 900 points at some point yesterday. Crude fell about 4%. But there was a rebound by the end of the day. Although I agree with other blogs that we might be in a bearish situation, but I think when everyone thinks we are bearish it's time for a bullish trend. That's why I believe today the market will finish mixed. Since banks are going to create more inflation in this environment, gold and silver are a buy. After the money laundry news, now there are secret files floating around saying North Korea has been laundering money through American banks. The fourth qu...

The virus has begun spreading among the old again. Banks fall under presure because more than $2 trillion worth of transactions were flagged as possible money laundering. Pompeo announces snapback sacrions on Iran while other nations question it after US exited the nuclear accord. Bloomberg Adam Haigh reported "The latest CFTC data, released Friday, showed how speculative positioning in Nasdaq e-mini futures has climbed to the most bearish level since 2008". The Dollar weakening seems to be going on for a while since the Fed announced that they will be exceeding the 2% inflation target. However, the trends in the ten year yield shows no fear in investing money into the stock market. Although the economy is in the worst shape in the past decade, and the pressure is going to be on the middle-class, the stock market is near all time highs and probably will surpass that in Oct. Airlines got a $25 billion bail out in the first round and the second round seems to be coming soon. Th...

The market doesn't always go up smoothly. This month has been volatile and it could go on for a while. Main US indexes finished slightly lower on Fri and dollar was about flat. Crude and crypto were a bit under pressure.  US Farmers had their third bail out ($14 billion). The funny thing about it is that China has major farm lands in US; so much for the China deal! As long as federal reserve keeps printing, this paradigm will get applied to other industries too; i.e. airlines. Trump blesses Oracle's TikTok, leaving Microsoft a looser. Snowflake IPO doubled this week; for those who could get on the initial deal though, not us. I think we should wait a bit for SNOW to drop before riding it. Similar case for Unity Software Inc (U).  Biden's chances for a 2021 presidency is growing; currently ahead of the Donald. Saudi building the city of future, the Neom.  Let me know what you think. Keep smiling and stay charitable.