📊 Market Recap

* S&P 500 (SPX): Closed the week positive, extending its climb from April lows to fresh all-time highs.

* Nasdaq (IXIC): +0.44%, tech strength intact.

* Dow Jones (DJI): Also ended in the green.

* 10Y Treasury Yield (TNX): Slight uptick near 4.2%.

* Crude Oil (Brent): Choppy; I remain short.

* Gold & Silver: Both moved higher — silver even parabolic.

* Copper: Watching for a bounce if the 20-day holds.

* Bitcoin (BTC): Sitting at a pivot; risk of pullback if the 200-day breaks.

🏦 Inflation & Fed Watch

The PCE index for August rose 2.7% YoY, with core PCE at 2.9% YoY — still above the Fed’s target.

* This keeps Treasury yields elevated and tempers hopes for aggressive rate cuts.

* Watch yields closely: they remain a key drag on risk appetite.

🔗 Federal Reserve Data

💻 Nvidia, OpenAI & Intel Buzz

* Nvidia (NVDA) shocked markets with a $100B investment in OpenAI to expand computing infrastructure.

* Intel (INTC) ripped higher again after last week’s $5B stake from Nvidia.

* Reports surfaced of possible partnerships with Apple (AAPL) and Taiwan Semiconductor (TSM).

* Speculation around M&A and government backing fueled strong flows into Intel shares.

🔗 Nvidia (NVDA) | Intel (INTC) | Apple (AAPL) | TSMC (TSM)

📱 Oracle & TikTok

Oracle (ORCL) remains in the spotlight as it explores acquiring TikTok’s US operations.

* If successful, Oracle could become a hybrid cloud + social media powerhouse.

* Regulatory risks remain high, especially beyond the Trump administration.

🔗 Oracle (ORCL)

🎮 Big Movers & Earnings

* Electronic Arts (EA): +15% after WSJ reported a $50B LBO bid backed by Saudi PIF & Silver Lake.

* Costco (COST): Dropped after earnings miss, but looks like a strong long-term buy opportunity.

* ASML (ASML): Still elevated; waiting for a pullback before re-entering.

🔗 Electronic Arts (EA) | Costco (COST) | ASML (ASML)

💼 Trades of the Week

* Intel (INTC): Sold full position on Sep 26 → €920 gross / $791 net profit. Out for now, watching RSI (80+) for a pullback before re-entry.

* Apple (AAPL): Partial sale on Sep 26 → €350 gross / $301 net profit. Still bullish long-term given Apple’s ecosystem.

Weekly profit: $1,092September total so far: $2,874YTD profit: $70,421

📌 Key Takeaways

* AI is still king: Nvidia, Intel, and OpenAI dominate headlines.

* Intel momentum > Nvidia momentum: telling you where speculative money is flowing.

* Earnings mixed: Costco down, EA soared, ASML extended.

* Macro backdrop: Inflation sticky, yields rising.

* Strategy: Take profits, reduce risk, protect wealth.

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