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** Look At Album Art ** - So bad
Warm-Up
- More pausing floated
- We have a CHYNA deal - kind of
- Saying goodbye to Brian Wilson
- Tesla - back in buy mode
Markets
- War! Middle East again (US seems to be helping ?)
- Within 2% if ATH and then...
- Oracle blows the roof off
- UK economy shrinks - bigly
***A NEW Closest to the Pin!
Middle East Again
- Israel launched a series of airstrikes against Iran early Friday morning local time, targeting locations it said were related to Iran’s nuclear program, sparking market fears of a wider conflict.
- Mohammad Hossein Bagheri, chief of the Iranian Armed Forces and the country’s most senior military official, was killed during the strikes, alongside the commander-in-chief of Iran’s Islamic Revolutionary Guard Corps, Hossein Salami, Iranian state media reported.
- The Israeli airstrikes also targeted and killed two of Iran’s leading nuclear scientists, Fereydoun Abbasi-Davani and Mohammad Mehdi Tehranchi, according to Iranian news outlets.
- Odd timing?
- Markets initially took it better than expected - until Iran stuck back
Valuations
- As of the most recent update on June 5, 2025, the forward P/E ratio of the S&P 500 is 21.70. This reflects a decline from 22.44 in the previous quarter and 25.20 one year ago, 10 -year average is about 19
PE Forward Chart
Something we discussed on TDI
- P
Published on 2 months, 1 week ago