ARK Investment Selling AMD Buying META & GOOGL

New Trade on INTC Max Loss $450 Max Profit $2550

Google has made some very smart and profitable investments. Just one example - their $900 million investment in SpaceX is now worth a potential $$100billion - nice returns.

- Apple surprised the markets by announcing Tim Cook would step down as CEO this summer, and John Ternus would become the new CEO. - Cook will still be around, becoming the Chair of Apple. Over the course of 15 years, Cook took Apple from a $350 billion company to a $4 trillion company. - Revenue went from $108 billion to $466 billion this year, and its services business went from non-existent to $123 billion in sales. - His greatest triumph was around supply chains and logistics, keeping China on the company's no matter the state of relations with the US government. - Ternus was the head of hardware before being tapped to become CEO and has been with the company since 2001. - His appointment comes as AI has burst onto the scene, and Apple doesn't seem to have a player in the game.

27 reasons why gold is going higher, and the stock market is going lower. Don Durrett - goldstockdata.com 1) Debt Bubble. This has led to fiscal dominance and a $2T deficit and $1T interest payments. 2) Fragile US Government bond market. Foreign buyers have dried up. 3) Geopolitics. The Ukraine and Iran wars have created global instability and uncertainty. The BRICS+ nations are creating an alternative to the SWIFT system for international payments. 4) Tariffs. These are essentially taxes paid by consumers and create headwinds for the economy. 5) Inflation. The cost-of-living impact from inflation has not subsided. Plus, tariffs and oil prices are currently pushing inflation higher. Gasoline, interest rates, and inflation are all stuck at high levels. 6) Overvalued Stock Market. With a forward PE around 22 and a Buffett Indicator over 200%, the stock market is due for a crash. Dave Collum thinks it is overvalued by 200% and that it will revert to its mean. 7) De-dollarization. Countries are swapping their dollar reserves for gold. Plus, we are seeing more trade in non-dollar currencies. 8) Employment. This clearly has weakened over the past 12 months. It now takes about 6-months to replace a job. Normally, that number is 3 months. New college graduates are having trouble finding a job. 9) Housing. The cost for a new or existing house is around $450K. Housing affordability is at historic levels. Inventory levels are rising rapidly, and a crisis is emerging. March’s existing housing sales were the second-lowest on record for March. Only March of 2009 were lower. 10) Autos-Trucks. At current interest rates, the average auto loan is around 8%. The combination of tariffs and high interest rates makes autos and trucks unaffordable. 11) ISM Data. The ISM data for manufacturing and services has been weak for years. It does not appear to be improving. 12) Office Vacancies. Since COVID, the vacancy rate for commercial real estate has been at crisis levels and does not appear to be improving.