GunLaws, Layoffs, Economy, Crypto, Apple, TSLA, NFLX, Ricky

We probably could use some reasonable gun laws that 80% of Americans agree on.  In fact, 80% of Americans would agree on a lot of things, but our politicians are so corrupted by the far left and right, its impossible to get anything done! Huge rally this week. Stocks up 4% in 4 days. Layoffs at PayPal, Netflix,  Robinhood and Bolt (one click startup payment company)Hiring Freeze/slowing at Meta, Uber, Coinbase, Microsoft, Nvidia.  Fed minutes indicated will still increase 0.5% in June and July. But then open to “wait and see”.Housing market: Mortgage rates up: 2.5% to 5%+ Home Sales are down Jan to April. 6.5m to 5.6. 15% down. Spring/summer should be up!? Single family starts lowest since Oct 2021. Mortgage purchase applications slowest since May 2020. Homebuilder sentiment lowest since June 2020. Energy. Gasoline up 80%. Crypto is not a hedge: Crypto market cap has fallen from $2.3t to 1.3t. $4.5b fund at Andreeson Horowitz. A16zMy Luna is $0. BTC. Down 56%ETH. Down 60%. DCA in still recommended. Apple holding up well in the News. $144, down 21% YtD. was down 25%Flat iPhone sales. 220m, same as 2021. Expected 240. Tormer Tesla Autopilot software engineer who left to join Apple’s secretive car project last year, has left Apple to join Luminar.Lidar vs. AI real cameras. Tesla showing different types of cars, doors open, garbage cans, cones, traffic lights…insane! Tesla: Diner3700 charging stations globally.Elon committed to buying Twitter.  Netflix: Netflix Games suck. Stranger Things. Can it have a Squid Game effect? Its been 3 years and only show streamed/seen more was final episode of GoT. In Closing: Ricky Gervais on Netflix. Tesla Charger competition. https://www.wsj.com/articles/tesla-supercharger-competition-race-11653581057?mod=hp_featst_pos5