Market News: Pre-Market is relatively FLAT as Futures is sitting๐ 0.13%, as we continue into the third trading week in April. The market is sitting ๐ 5.48% after yesterdayโs loss of -0.11%!
MAG7 is ๐ pre market just under 6% with TSLA and MSFT are leading the pack at just over 3% as the market is reacting to the US blockade in Iran. Have you heard? United Airlines (UAL ๐2%) has pitched a merger with American Airlines (AAL ๐ 5.25%). This idea was originally pitched to Trump in late February, according to Yahoo Finance. According to United CEO, two-thirds of long-haul seats to and from the United States are โon foreign carriers, but 60% of passengers are U.S. citizens and this merger will strengthen competition. In other news, Instacart (CART ๐ 1.86%) has acquired Instaleap! This acquisition allows Instacart to provide its technology to more global partners and boost its "Connected Stores" and "Retailer Media" capabilities ๐ฎโ๐จ
Geopolitical News:
Another round of peace talks? That seems to be the sentiment this morning as the US did indeed hold true to its word of the Strait blockade at 10am EST yesterday! Meanwhile, China made its way through the Strait in spite of the blockade? Thats the word on the street ๐ฎโ๐จ Chinaโs foreign ministry has condemned the American blockade of Iranian ports as "dangerous and irresponsible"! Also Italy has decided to NOT renew its defence agreement (which normally renew every 5 years) with Israel, according to Italian Prime Minister. Word is, shots were fired by Israeli forces at a convoy of Italian UN peacekeepers in Lebanon, damaging one vehicle but causing no injuries. ๐ฎโ๐จ
Remember, whatโs happening now, WILL be felt in 4 - 6 months! ๐ฎโ๐จ
Economic Data:
- Inflation 3.30% (March 2026)
- Brent Oil $99.28
- Core PPI m/m - which measures change in the price of finished goods and services sold by producers, excluding food and energy
- PPI m/m - which measures the Change in the price of finished goods and services sold by producers
When you see the opportunity, TAKE YOUR GAINSโผ๏ธ 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 โค๏ธ๐ซก