G (86:28)
Well, let's go with the did he or didn't he? Because that was the conversation that I heard most of yesterday and even, even this morning. Not just on the financial news channels, Chris, but On the what I call mainstream or even not so much mainstream news or I'll call them opinion networks. Did Trump actually talk to somebody in Iran about a deal? Are they actually going to stop bombing or ceasefire for five days? Is there going to be a deal? Why the Iranians came back and said nobody was talking to them. Well, did he or didn't he? Well, inquiring minds do want, we want to know but most of the opinion people probably do not have any inside information relating to whether or not the President did or did not talk to people in Iran. Now the question is who would have talked to. It certainly wasn't the Iranian Revolutionary Guard who continues to throw up missiles randomly hitting targets in Israel, other Gulf state, whether it be Qatar or Saudi Arabia or Kuwait. Heck they even fired, fired at a British, British American air base. There's still a lot of or at least some firepower and the Revolutionary Guard is definitely not in a negotiating place. And I think the only negotiating place or only time they want to negotiate is when they meet all the virgins, whenever, whenever that gets. Meantime, the market is concerned with the price of oil. Oil has moved up a little, a little bit this morning after dropping very, very significantly yesterday. And I do believe as time goes on you'll see the price of oil continue to come down. Whether I'll say when there is a cessation in the bombing, it still will take some time for, for Gulf states, oil facilities, natural gas facilities to get up and running. That said, the US Is still the lead, lead producer of oil. Oil stocks or oil related stocks here are moving with the price of oil and I will say are up significantly. I'm not going to say pushing at their limits but they are up very significantly this year. So I'd be very, very cautious about jumping in at this time. Indeed, if you did own any energy stock I would consider taking, taking some profits from them and looking elsewhere particularly at other that do have plenty of plenty of potential upside. Another area that is of concern with the market and we've touched on this before and that that is credit, private credit and the companies that provide funding and investment vehicles for that whether it's blue out Capital, Akr Hollow Carlisle, among others here I kept Blackstone which is listed in that here IP also talks high yield and the yields are coming from payments made on those, on those loans and successful selling of loans or other private equity companies. But the yield yields on these stocks, say the private equity stock the yields are, are very deceiving and can vary significantly year year to year that'd be another area that I'd want to avoid, at least at this time. Meantime, the stocks that have been beaten down around artificial intelligence to me, you know, still offer a lot of upside and trends and growth whether it's, you know, favorite Apple, which I think is going to be a big, big winner in AI given the amount of revenue that they generated last year and are even generating this year just from their app store and people downloading, whether it's ChatGPT Quad from Anthropic, Grok or Gemini among others. Plus at some point in the next several months Apple Siri will have a pretty big update. So on a personal level or personalized AI, Apple looks to be a big winner. Additionally, sales of their phones have increased in China significantly and they do have several catalysts for growth going forward. Then I could take a look at a company like Palantir. Very volatile. I highly expensive or I'll say very, very expensive. Both the price to sales and price to earnings basis is selling significantly under its high and it has been in a little, little bit of a trading range. Yet yesterday Palantir picked up a big, big contract with the Pentagon to be there. We'll say their AI battlefield AI supplier. Now the market market takes a look at Palantir with its rich valuation and says and it's priced to perfection. This can't continue. Probably I'll say the extraordinary growth is not going to continue but Palantir is going to be a longer term winner in the AI space. Now there's a, that's a software developing or software developer and data analytics firm. So there are two out of many. At some point OpenAI and Anthropic will probably come public. OpenAI in another funding round, you know, alerted the people who are in this funding round that Microsoft is a risk to the firm because the amount of money that Microsoft provides OpenAI, not to mention the amount of compute that OpenAI is tended. So if there are issues with Microsoft that is going to have an adverse effect on OpenAI. Right now they are a leader along with Anthropic. I'll say Google in, we'll say the, in that that space Google could also be a pretty, pretty big winner and its stock has been under pressure recently as well despite let's say all of the noise and despite the fact that that the market has been down all of March and is in negative territory for the year and certain segments of the market are definitely in bear market territory. To me the old saying goes when there's blood on the street that might be time to buy but always excellent