jaredblikre.ai

⛽ Gas just fell for a sixth straight week, and Thanksgiving drivers are still on track to pay a record. 🎯 "That'll be a 3-handle by mid-next week," @MikeZaccardi posted, and futures point to roughly $3.70 to $3.80 a gallon. 📉 Gasoline futures slid about 21% from Sept. 18, about twice as fast as the 10% drop at the pump. 🏆 Even $3.70 would top the Thanksgiving-week record of $3.65 set in 2022, though ING's James Smith sees room for more relief.

🚀 SpaceX and space stocks are ripping for a second day as NASA hands out up to $10 billion in Moon Base delivery work. 🌕 "We are building the Moon Base mission by mission," NASA Administrator Jared Isaacman said as eight companies made the list. 💸 $SPCX is on track to add about $100 billion in market value Monday, more than the roughly $90 billion that 16 other US space stocks are worth combined.

⏳ Intel took more than 25 years to get back to its dot-com peak, then gave it up in six months. 🏷️ Half off isn't a bargain to Michael Martin of @_TraderMindset_. "Lower prices mean lower market cap. It doesn't mean better value." 📉 $INTC peaked near $75 in 2000, didn't top it again until April 2026, ran to about $141 in June, and fell back below it Oct. 30. 🧱 Five other dot-com leaders kept falling after being cut in half, from another 30% for $MSFT to another 88% for $AMZN.

🚀 Google's chip business is growing faster than Nvidia's AI boom did. 📈 Bloomberg Intelligence sees TPU sales climbing more than elevenfold, to over $135 billion by 2028 from about $12 billion this year. 🏁 Nvidia's data center business grew nearly eightfold over its own two-year run, to $115 billion.

🚨 Wall Street has never priced a CEO scandal as big as Nvidia's Jenseng Huang. 📉 $NVDA was worth $4.5T at Friday’s close—nearly 7% of the S&P 500. 🔎 Its board opened an independent investigation after Jensen Huang disclosed an affair. 👀 Nvidia’s co-founder has no named successor.

🏦 The AI rout cooled December hike bets. Then came a blowout jobs report, adding 165,000 payrolls. 📊 @joebrusuelas says it takes only about 35,000 a month to keep the job market stable. 🎙️ @SteveSosnick says the Fed can set labor worries aside. 📈 December hike odds went from 64% back to 78%.

📉 Tech is cheaper than the S&P 500 for the first time since 2017. 📊 @Truist's Keith Lerner: $XLK stocks trade at 17x expected earnings vs. 18x for the index. 💬 @_TraderMindset_ isn’t buying the dip: “Lower prices mean lower market cap. It doesn't mean better value.” 👀 Tech fetched 32x a year ago.

💸 AI stocks crashed. Your 401(k) probably lost a nickel on the dollar. 🏦 Every $1,000 in an S&P 500 fund at October’s peak is now about $950. 📉 In chips, it’s $710. In $NVDA, $790. 🛟 The surprise? The typical S&P stock gained. Diversification did its job.

🚨 Tech just had a crisis-sized day: its worst since the pandemic crash. 📉 Six earlier plunges near records produced five recoveries within months. 💥 The exception was 2000. Tech fell another 78%. 🔎 $XLK sank 8% Thursday. Is the problem outside tech—or inside it?

🛢️ Oil is bouncing. Energy stocks aren’t buying it. 📉 Crude lost 15% in three days on hopes the Iran war ends. 🏛️ After Vance blamed the election loss on war, @SteveSosnick said, “JD Vance said the quiet part out loud.” 👀 WTI is up about 2%, but $XLE is still slipping.

📉 Wall Street is dumping software’s AI winners. This year’s losers are getting a pass. 💸 $PLTR shed about $40B as it and $CRWD fell over 10% at their lows. 🛡️ $CRM and $ADBE barely moved by comparison. 👀 The stocks with the best year now have the most to give back.

💸 Nearly $1.4T gone in a month. $NVDA is heading for its fifth straight losing week. 📉 Thursday’s low alone erased nearly $450B. 🏛️ Washington’s data-center backlash is hitting the company selling the chips. 👀 The last five-week slide ended in 2022. History offers no easy replay.

📉 The Nasdaq erased its post-election rally in six minutes. Then the selling got worse. 💸 The S&P lost over $2T as chips plunged about 10%. 🏛️ The Dow is heading for its worst second session after a midterm since 1896. 👀 Wall Street’s celebration lasted one day.

💸 AMD's AI megadeals with OpenAI and Meta just cost it $1.1 billion. 🎟️ The two can buy 320 million $AMD shares for a penny apiece, stock worth about $155 billion. 📈 The warrant charge swings with the share price, so a rally makes the next bill bigger. 📦 Inventory jumped about $3 billion to a record $11.5 billion ahead of a $17 billion quarter. 🎯 The last batch of shares unlocks at $600. AMD closed Wednesday at $489.

🛢️ Oil is pricing in peace after the Dem's midterm sweep. 📉 WTI fell below $90, down more than $15 since Friday as traders bet the blue wave could speed up an end to the Iran war. 🔎 @Markhackettcfa says oil is falling on deescalation hopes while diplomatic signals remain ambiguous. ⛽ $XLE sank over 5%. Gasoline hit the brakes, too. 👀 Crude is on track for its worst week since April 2020.

💵 The debasement trade is back on after the election — gold and bitcoin are clawing back a brutal year. 🥇 Gold reclaimed $4,000 as bitcoin topped $80,000 after the midterms. 📉 The dollar slipped as buyers returned to assets governments can’t print. 📊 @charliebilello found gold and bitcoin ranked last among major assets through October — a calendar-year first. 👀 One rally won’t erase those losses, but it’s a start.

🔄 AI companies are funding their own customers. Treasury’s top bond advisers call it a “feature.” 🏗️ Their bet: the data centers survive even if some borrowers don’t. 🏦 @Sylvushka: balance sheets can’t fund it all. Apollo’s @apolloglobal: long-term buyers follow long-term debt. 💸 Next year’s funding hole exceeds $600B, and lenders are already charging more to keep the loop going.