We are ringing the closing bell on the CBOE on 5/23 for the Brendan Wood Top Gun ETF (BWTG) in Chicago. Cocktail reception to follow. If you are going to be in Chicago and would like to come let me know.

Want More Nvidia? Investors Try Funds That Double Its Return—and Risk Assets in leveraged single-stock ETFs have doubled this year-WSJ

Matthew Tuttle, CEO of Tuttle Capital Management who partnered with fund manager Rex Shares on the T-REX single-stock funds, says he has been pleasantly surprised by the growth this year. 

“I think this is going to become its own little ecosystem,” Tuttle said. “I know there’s a lot of criticism of it. To me, it’s a tool.”

Markets

Not much going on without any sort of catalyst. We get those back next week. Meanwhile, Argentina has been a theme we have focused on this year and will continue to as long as it is working. Milei is already proving the Left-wing economic establishment wrong-The Telegraph

Argentina has historically been a country of failed governments, economic collapses, and debt defaults. Yet incredibly there are signs that – against all the odds – the bold, free market reforms of its libertarian President Javier Milei are beginning to work. 

Economy

@TheMaverickWS The "healthy and robust" consumer

Woke Companies

Tom Brady Rejects Lucrative $1B Nike Project, Opposing 'Woke' Brands?-Snopes

Brady allegedly turned down the offer, publicly stating, “I don’t work with woke companies.”

Bit oversold, but if it bumps up against the 50 day and fails could be a short re entry.

Google Gemini at it again….

IBM….

Would look for a rejection of the 10 or 20, or a break below the 200 day. Bit oversold though

ESG

Oklahoma anti-ESG law blocked by state judge-Reuters

A judge in Oklahoma blocked a state law that prohibits state pension systems from contracting with companies that limit investment in the oil and gas industry.

Oklahoma County District Court Judge Sheila Stinson on Tuesday issued a temporary injunction blocking enforcement of the law after finding retiree Don Keenan is likely to succeed in his lawsuit filed last year alleging the law violates the state constitution and is too vaguely written.

DEI

Here's how DEI in the control tower threatens airline safety-Fox News

The FAA has displayed a pattern of putting race considerations ahead of merit and skill, not to mention in one of the most dangerous settings imaginable for such misguided conduct. Without decisive legal action, the pattern will deepen within the FAA and likely across the aviation industry, too. 

Woke

For all that mothers do they deserve a day. C’mon. Hunter Valley Grammar School sparks outrage over woke Mother's Day move-Daily Mail

An elite private school has been accused of pushing 'woke ideology' after changing the name of its Mother's Day stall to 'Family Day'. 

On Campus

Hundreds Of Jewish Students At Columbia Sign Letter Saying ‘We Will Not Stop Standing Up For Ourselves’-Daily Wire

Stuff That Gets Blamed for Climate Change

I rarely eat carbs, but when I do sometimes it’s rice, which I think is a relatively “safe” carb. Rice Has a Methane Problem That a Startup Is Promising to Fix-Bloomberg

Rice is responsible for about 10% of global methane emissions, due to the way it’s grown.

Election

Not sure what to make of this….

And you can see why…..

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