🍏🚀 Apple’s Next Big Move: OpenAI Partnership, Jony Ive, & What It Means - Bond Market Warnings & Gold - 5-22 Market Update

Bond Market News:

• Recent bond auction failed, sending a warning about the current U.S. tax bill

• Comparison to the UK’s 2022 bond crisis under Liz Truss

• Rising bond yields (10-year above 4.6%) signal caution for stock market buyers

Gold & ETF Analysis:

• Gold stocks may benefit as debt concerns rise

• Comparison between $GLD (holds physical gold) and $IAUM (holds gold-like assets) for trading and long-term investing

Market Sentiment:

• Emphasis on choosing between panic and orderly markets

• Reminder that market gaps tend to get filled; expect volatility with rising VIX and bond yields

Stock-Specific News:

• $PLTR (Palantir) awarded a major U.S. Army contract but remains expensive

• $AAPL (Apple):

  • Major partnership with OpenAI and Jony Ive

  • Anticipation for big announcements at upcoming WWDC

  • Discussion of Apple’s current challenges and potential for disruption

• $CRWV (CoreWeave): IPO up 200% since launch, driven by GPU rental demand

• $NVDA (Nvidia): Focus on upcoming earnings

• $NVTS (Navitas): Volatility expected due to Nvidia partnership

• $UNH (UnitedHealth): Concerns about business model and healthcare costs

• Utility stocks highlighted for reliable dividends

• $GOOG (Google): Testing ads in AI search, rising costs for AI-driven search, and advances in AI-generated video

• $NKE (Nike): Plans to resume selling on Amazon, potential impact on margins

Crypto Update:

• Bitcoin hits new all-time highs, possibly acting as a hedge against U.S. debt

  $IBIT - a buy in the 4 hour algorithm