Market News: Pre-Market is relatively FLAT as Futures is sitting 📈 0.04%, as we close out the second trading week in April. The market is sitting 📈 4.54% after yesterday’s gain of 0.62%!
MAG7 is 📈 pre market 1.39% with META and MSFT are leading the pack at just over 1% as the market anticipates additional talks which take place in Pakistan on April 11th! Oh and the White House sent staff email about taking on bets after “series of lucrative wages” were placed on Trump’s ceasefire decision.
For all my NIKE (NKE 📉-0.61%) holders, Piper Sandler has cut its price target from $60 to $50, downgrading from Overweight to Neutral.
Did you know 7-11 planed to IPO in 2026? Due to market uncertainty, the IPO has been pushed back to 2027. As per the CEO, the company will move forward with US IPO when the market can properly reflect the companies value. Also adding, their goal is to drive shareholder value vs the need to raise capital.
Goldman Sachs has increased its shares in Sweetgreen (SG 📈6.77%) by purchasing an additional 594,553 shares, as SG hits near its 52-week low, bringing its total share holdings to over 11.9 million shares. Talk about buying the dip in the Restaurant Sector! 😮💨
Geopolitical News:
US and Iran are set to hold peace talks tomorrow Saturday April 11, as the ceasefire agreement seems to be more fragile that is being let on. Especially since Israel continues making moves on Lebanon and Iran continues making moves in Saudi. V.P. Vance is scheduled to lead these talks in Pakistan. Trump out here saying Iran better not be charging folks to pass through the Strait as they are doing a poor job allowing Oil to pass through.
Remember, what’s happening now, WILL be felt in 4 - 6 months! 😮💨
Economic Data:
- Inflation 2.40% (February 2026)
- Brent Oil $96.34
- Core CPI m/m - which measures the change in the price of goods and services purchased by consumers, excluding food and energy
- CPI m/m - which measures change in the price of goods and services purchased by consumers month over month
- CPI y/y - which measures the change in the price of goods and services purchased by consumers year over year
- Prelim UoM Consumer Sentiment - which gives a relative level of current and future economic conditions
- Prelim UoM Inflation Expectations - which measures a percentage that consumers expect the price of goods and services to change during the next 12 months
When you see the opportunity, TAKE YOUR GAINS‼️ The market does not care how smart you sound, ONLY how Disciplined you are! Remember to protect your Capitol, you will need it to trade tomorrow! - Actionaire ❤️🫡