Charting the Premarket Percent Movers
Positions: None.
Dell Shares Roaring: 8 Key Items Shaping the Stock Market Friday
Oil falls, Dell pops, Gap drops, Costco, Blue Origin, and other headlines are moving stocks this morning.
Charting the Exchange-Traded Fun in the A.M.
Position: None.
Fed Speakers Through Sunday, Economic Calendar
Fed Speakers
2:00 a.m.: Fed Bank of Minneapolis President Kashkari (Voter) participates in a town hall at Korea University (Audience Q&A expected. No prepared/embargoed text. Media Q&A for reporters in attendance follows event. No livestream);
6:30 a.m.: Fed Bank of Kansas City President Schmid (Non-Voter) speaks on “The Local and the Global in Monetary Policy” before the Reykjavik Economic Conference 2026, Reykjavik, Iceland (Embargoed text available. Audience Q&A and livestream expected);
9:10 a.m.: Fed Vice Chair for Supervision Bowman (Voter) speaks on monetary policy before the Reykjavik Economic Conference 2026, Reykjavik, Iceland (Text available. No Q&A. No webcast);
9:15 a.m.: Fed Bank of Philadelphia President Paulson (Voter) speaks on the economic outlook before the Chamber of Commerce Southern New Jersey, Mount Laurel, NJ (Audience Q&A expected. No media Q&A);
12:40 p.m.: Fed Bank of San Francisco President Daly (Non-Voter) participates in panel before the 2026 Reagan National Economic Forum, Simi Valley, CA (No prepared remarks. No group media interview.
RSVP for livestream at https://rnefvirtual2026.rsvpify.com/);
May 31:
8:30 a.m.: Federal Reserve Board Governor Christopher Waller (Voter) participates in “Stablecoins panel before the 32nd Dubrovnik Economic Conference, Orasac, Croatia (No text. Q&A from moderator and audience. Livestream athttps://www.youtube.com/@hrvatskanarodnabankacroati9475);
8:30 p.m.: Former Fed Board Governor Powell gives acceptance remarks before the John F. Kennedy Profile in Courage Award Ceremony, Boston, MA (Text available. No Q&A. Webcast at https://www.youtube.com/watch?v=trl7aatglAw)
Economic Calendar
Positions: None.
‘Strait’ of Confusion, Black Eye for Bezos’ Blue Origin, Sell … in May?
Iran deal is reportedly near, again …; Blue Origin proves ‘rockets are hard’ and remember what the say about May? Well…
All Tech, All The Time
Position: None
Consumers Wrestle With Inflation as the AI Economy Booms
Dell is flying on AI demand while Costco struggles with high oil prices.
Speculation Running Amok
Position: None
Estate Sale
* I am the anti Boca Biff…
I am the executor of a large estate. The estate has been probated for about two months.
The estate has a very large and concentrated equity portfolio. ($NVDA represents over 40% of the account, $FTAI, $EQIX, $IIPR and a bunch of BDCs are the major components of the estate’s stock portfolio.)
I have patiently waited to liquidate the equities.
Yesterday afternoon I liquidated the entire stock portfolio. Not one share of equities remain. Given the elevated level of stock prices I wanted zero (nada, zilch) stock exposure.
Upon settlement I plan to put the proceeds into a money market fund on Monday morning.
This is called an Estate Sale.
Post Script: I recently spoke to Boca Biff for the first time in years. More on Boca Biff’s stock trading early next week.
Position: None