BREAKING >>> No WWIII... Biden told Bibi U.S. won't support an Israeli counterattack on Iran..."You got a win. Take the win," Biden told Netanyahu
-> President Biden told Israeli prime minister Benjamin Netanyahu during a call on Saturday that the U.S. won't support any Israeli counterattack against Iran, a senior White House official told Axios. -> Why it matters: Biden and his senior advisers are highly concerned an Israeli response to Iran's attack on Israel would lead to a regional war with catastrophic consequences, U.S. officials said. -> A U.S. defense official earlier said U.S. forces in the region shot down Iranian-launched drones targeting Israel. -> Biden told Netanyahu the joint defensive efforts by Israel, the U.S. and other countries in the region led to the failure of the Iranian attack, according to the White House official. -> "You got a win. Take the win," Biden told Netanyahu, according to the official. -> The official said that when Biden told Netanyahu that the U.S. will not participate in any offensive operations against Iran and will not support such operations, Netanyahu said he understood. -> U.S. Secretary of Defense Lloyd Austin spoke on Saturday with his Israeli counterpart Yoav Gallant and asked that Israel notify the U.S. ahead of any response against Iran, a senior Israeli official said. Source: Axios https://lnkd.in/etEV2wwm
Could next week be a better week for bulls?
Source: TradingThomas3
Healthy gains heading into May have historically been a good signal of a positive year for stocks.
Since 1982, when the stock market was higher on the year heading into May, it went on to post a full-year gain roughly 90% of the time. In that period, 1987, 2011 and 2015 were the only years in which the market was higher from January to April but finished the year lower.1 There were nine years in which the year-to-date increase heading into May was in the 6.5%–9.5% range, comparable to 2024’s 8% year-to-date gain. In those instances, the stock market went on to post an average full-year increase of 13%. Source: Edward Jones
Bitcoin ETFs now sit at nearly $60 Billion in assets.
To put that into perspective, GLD, which is the largest gold ETF, has a total AUM of $62 billion. Source: Bloomberg
Cocoa beans are the new AI. 🍫
Now up +161% YTD. Source: Trend Spider
Any person capable of angering you becomes your master
Source: Psyche Wizard
“We never look at any analyst reports. If I read one it was because the funny papers weren’t available. I don’t understand why people do it.” - Warren Buffett
Source: MastersInvest.com
Index investing vs active management, visualized on one chart
By Brian Feroldi
