To The Moon

Apple is going against astounding year-over-year comps from 2021's free-money/YOLO economy. But as the economy softens, are people really going to go out of their way to upgrade their iPhones? 2021 was "peak everything" for consumers, with spending on consumer goods like Apple's products being a key bellwether. Apple's U-turn on its planned iPhone production ramp is a clear early warning signal for earnings to decline, but few investors are listening. Apple has also been a prime beneficiary of tax cuts, QE, and stimulus, while the underlying net income of its business looks more sluggish and cyclical. While Apple is a decent business, you should not get sucked into paying high PE ratios for popular stocks with earnings at cyclical peaks, or your portfolio will likely suffer the consequence

International oil prices rose more than 2% in Tuesday's trading, off a near nine-month low hit on Monday, on signs that the Organization of the Petroleum Exporting Countries and its partners, known as OPEC+, may implement output cuts to avoid a further slump in prices.www.reuters.comAs of press time, NYMEX crude oil futures rose 0.82% to $79.11 a barrel on Wednesday; ICE Brent crude oil futures rose 0.74% to $85.46 a barrel.Oil prices tumbled more than 7% on Friday plus Monday, due to the surge in the dollar made dollar-denominated crude more expensive for non-dollar holders and investors grew increasingly concerned that rising interest rates could trigger a recession, leading to a recession, then reduce fuel demand.Officials from major producers reacted to the slu

Apple Inc. plans to appeal a move by Brazil to ban the sale of iPhones without battery chargers, arg

1. Diesel cracks are pulling off. Refineries with significantly higher distillate cut should have an outstanding quarter, especially those that are back from Q2 maintenance and are operating close to 100% capacity.$Suncor(SU)$$Cenovus(CVE)$ 2.For the second straight day markets gapped down and continued to sell off without a single meaningful bounce.$S&P 500(.SPX)$ $NASDAQ 100(NDX)$3.Crude oil released from SPR was 8.1m bbls for the week ending August 19/22. That's the larest weekly release in HISTORY.97m bbls done, 83m bbls to go. -YTD release from SPR stands at~140.7m bbls4.Oil just dropped ~$2 in ~10m. Volatility at its best.5.TD

$Tesla Motors(TSLA)$Amazing that Tesla was able to deliver 200k+ cars in Q2 given the 2 months of lockdown in Shanghai

Successful money managers piled into these fast-growing companies in the first quarter.

Sell in May?They certainly did, but rather than go away as the old stock market adage suggests, traders returned to aggressively buy the dip, causing some of the wildest monthly swings in recent times.There was plenty of selling in the first half of the month across asset classes, driven by doubt over the economic data，mixed corporate earnings，aggressive central banks, inflation and China's lock-down policies.US stocks $S&P 500(.SPX)$ briefly dipped into bear market territory, down 20% from their recent peak, But markets subsequently started dialing back expectations of U.S. interest rate rises. Weekly Recap: The Market Tend to Start to More Strength?!1.&

Shareholders tracking shares of $Occidental(OXY)$ belongs to Energy sector and Oil & Gas E&P industry. OXY flaunted 3.41% to reach at $65.42 during previous trading session. OXY Inc. has a total market value of 61.99B at the time of writing – representing $936.70M outstanding shares. Turning to other widely-considered trading data, this company’s half yearly performance is observed at 124.66%. Occidental has had two, much smaller, drilling plans approved in recent months, while the Firestone plan was rejected and another is still working its way through the COGCC process. The company last week revealed plans to relocate one of two drilling rigs it has working in northeast Colorado’s Denver-Julesburg Basin to the Permian Basin region of Texas,

Global bond rout extends as three half-point Fed hikes priced inGlobal bonds added to this year’s epic rout as traders brace for the most aggressive Federal Reserve interest-rate hikes in 40 years and the likelihood most global central banks will also tighten.The policy-sensitive two-year yield climbed as much as eight basis points on Friday to 2.76%, the highest since late 2018, after Fed Chair Jerome Powell said overnight “it is appropriate in my view to be moving a little more quickly.” Ten-year Treasury yields jumped to 2.95%.“The 3% yield on the 10-year U.S. Treasury is an important psychological barrier, and should this be reached in the coming days it would only add to the already formidable challenges currently roiling the bond markets,” said Todd Schubert, head of fixed-income res