Morning Markets by Sam

Oil whipsawed between two wars overnight: a Russia Ukraine energy ceasefire headline knocked Brent down to one hundred three dollars, then the Riyadh airport attacks and a rejected Hormuz proposal pushed it back above one hundred six. Sam breaks down the flat futures open, Friday's record week, the SpaceX spectrum deal that crushed the telecom carriers, and the double test ahead: big bank earnings Tuesday and September inflation Wednesday.Today's rundown:- Oil's two war whipsaw: Russia Ukraine energy ceasefire and Russian diesel deal versus Houthi strikes on Riyadh airport, Trump's rejected Hormuz proposal, and Hurricane Isaias- Asia overnight: Kospi down three point six five percent on chip selling, Japan closed for Sports Day, Hang Seng and ASX higher- Europe this morning: Stoxx, FTSE, DAX and CAC higher, automakers lifted by the EU China export deal- Commodities, FX and bonds: Brent above one hundred six dollars, gold easing near four thousand one hundred seventy three dollars, dollar index at one hundred two point four, US Treasury market closed for Columbus Day with the ten year at five point two four percent- Wall Street: Friday's close (S and P five hundred at seven thousand eight hundred eleven, Dow at fifty one thousand six hundred fifty five, Nasdaq at twenty seven thousand three hundred sixty six) and the SpaceX spectrum movers (T-Mobile, AT and T, Verizon down; Crown Castle and American Tower up)- Earnings watch: JPMorgan, Goldman Sachs, Wells Fargo and Citigroup open Q3 season Tuesday; S and P five hundred earnings expected up roughly thirty percent- The week ahead: September CPI Wednesday (headline expected three point six to three point seven percent, core two point four to two point five percent), PPI and retail sales Thursday, Warsh at the IMF meetings- Canada corner: TSX closed for Thanksgiving after Friday's one point five percent jump to thirty five thousand six hundred sixty five on the weak September jobs report (minus sixty eight thousand three hundred)Educational content only - not financial advice.Join the discussion: https://www.reddit.com/r/wealthbybasics/

Oracle fell hard on the OpenAI revenue shock, then bounced. Sam decodes the 664 billion dollar backlog, triple digit cloud infrastructure growth, the debt and negative free cash flow behind it, the washed out chart, Wall Street targets from 110 to 400 dollars, and why October 28 matters most. Educational content only - not financial advice. Join the discussion: https://www.reddit.com/r/wealthbybasics/

Is Starbucks about to buy Chipotle? The coffee giant's CEO used to run the burrito chain, the stock sits 18 percent below its highs, and earnings on October 29 will decide the turnaround. Educational content only - not financial advice. Join the discussion: https://www.reddit.com/r/wealthbybasics/

Trump says no Iran strike before the midterms and oil falls off its highs, an OpenAI revenue disclosure crushes chip stocks in the Nasdaq's worst day in seven weeks, and Delta misses as bank earnings season looms. Educational content only - not financial advice. Join the discussion: https://www.reddit.com/r/wealthbybasics/

Oil jumps back over $102 after a tanker is hit deep in the Persian Gulf, the Fed minutes turn hawkish as yields hit 24-year highs, and Samsung and TSMC post historic numbers while their stocks fall. Educational content only - not financial advice. Join the discussion: https://www.reddit.com/r/wealthbybasics/

Record closes on Wall Street and a landmark twenty-year Alphabet nuclear deal, oil back over a hundred dollars on Red Sea escalation, India hikes rates, and the Fed minutes land at two PM Eastern.Today's rundown:- S&P 500's first close above 7,800 and the Alphabet nuclear deal moving power stocks- Oil back over $100: what's driving it and what it means for your money- Asia and Europe this morning, plus India's surprise rate hike- Gold, copper, bonds, and the dollar right now- Today's calendar: Fed minutes at 2 PM Eastern and the Treasury auction- Canada corner: TSX, the loonie, and Bank of Canada watchEducational content only - not financial advice.Join the discussion: https://www.reddit.com/r/wealthbybasics/

Today's rundown:- Nasdaq record close; Nvidia now worth $5.76 trillion- Elon Musk crosses $1 trillion fortune- Treasury yields hit 24-year highs (10Y at 5.34%, 30Y at 5.70%)- September jobs shocker: 29K vs 84K expected; Fed minutes tomorrow will decide the October hike- Spain calls snap election for Nov 29; euro at 17-month low on French budget trouble- Oil steady near $100 Brent as Gulf flows recover; Hormuz still squeezed- Asia mixed-to-green; Europe opens higher; US futures flat-to-up- Earnings: quiet today; PepsiCo Thursday; Delta Friday; banks next Tuesday- Canada corner: July GDP flat, August rebound; loonie weak near 1.41; BoC holds 2.75%, next decision Oct 28Educational content only - not financial advice.Join the discussion: https://www.reddit.com/r/wealthbybasics/

Today's rundown:- What Tesla actually does now, beyond the cars- Friday's delivery beat: 486,532 vehicles, the 5.3 percent beat, and the inventory story the headlines left out- The fundamentals nobody talks about: record revenue, collapsed margins, dead credit revenue, and a 300x earnings multiple- The chart setup: above the 50-day, below the 200-day, where the ceiling sits- Catalysts ahead: October 21 earnings, Roadster reveal, Cybercab vs NHTSA, TSMC chip talks, Semi volume production- Sam's bottom line: two companies trading as oneEducational content only - not financial advice.Join the discussion: https://www.reddit.com/r/wealthbybasics/

Today's rundown:- Nvidia's record $150B buyback, the largest in US history- Q2 FY27 fundamentals: $96.2B revenue, 75% margins, $59.7B net income- All-time high $237.88 and the first $5.7T market cap- Forecasts: Rubin ramp, 70% FY2028 growth guide, next earnings mid-to-late November- The bear case: Burry's depreciation critique and the circular AI financing debateEducational content only - not financial advice.

Today's rundown:- September jobs report is a huge miss: 29K jobs vs ~90K expected, unemployment up to 4.2%, August revised down to 133K. The October Fed hike is basically dead.- Hormuz escalation: a supertanker carrying 2.5M barrels was hit and caught fire, Trump says Iran must sign a deal or "won't exist any longer," and a third US carrier is on the way.- The bond rout hit a new milestone: the UK 30-year gilt topped 6% for the first time since 1998.- Nike guides down hard (premarket -9%) while Accenture posts its best day in decades (+16 to 22%) on a record quarter.- Asia: Hang Seng -2.8% in its worst day in 6+ months, Nikkei -0.94% on hot Tokyo inflation. Europe claws back but heads for its worst week since April.- Plus: the AI chip rally rolls on, gold's safe-haven bid, the diesel crisis in Europe, and the Canada corner.Educational content only - not financial advice.