In Case You Missed it…the market headlines on Friday were all gushing about how Intel soared to new highs.
However, as Wall Street is wont to do, they conveniently left out the part that Intel’s record breaking “New High” was based on the fact that the last time it saw this price was in the year 2000…right before the “Tech Wreck.”
So, if you bought Intel in early 2000, you would have waited 26 years just to break even.
Hard to believe, isn’t it?
But that’s one of many ways the Boyz in the “Club” sell you their bag of goodies so you will, once again, follow them only to be smacked upside the head with a 2 X 4…and never see it coming.
Wash! Rinse! Repeat!
Cue up: A Saturday headline reading:
Hedge Funds Brace For Reversal: Dump Tech Stocks At Fastest Pace In 2 Years
Wait! Wait!
Isn’t Intel supposed to be a bellwether stock indicator for the technology sector?
Or is it being hyped up to NEW ALL TIME HIGHS to keep the sheeple from seeing what the Boyz in the “Club” are doing?
Meanwhile, trading into Monday morning (today) is facing headlines like:
Futures Slide, Oil Jumps To 3 Week High After Iran Talks Collapse
Seriously, is anyone surprised by this latest in the series of TACO Trades?
And In Case You Missed it…we are witnessing a tsunami of “Distractions de Jour” so you won’t recognize how the markets are being manipulated/twisted by the TACO Trades…literally almost EVERY weekend.
But, hey!
Intel (after 26 years) has finally made a new high.
Break out the champagne, Boyz!
New Highs
Ironically (or NOT) Intel’s recent move is its best since October 1987…and it comes amid Intel’s best month in at least 50 years.
And this begs the question: Who Is Buying Intel?
Maybe you forgot, but in August 2025 the Trump Administration agreed to help Intel (who was seriously struggling) by authorizing a purchase of 433.3 million Intel shares at $20.47 per share, equal to about a 9.9% stake, valued at around $8.9 billion.
This is a pure taxpayer’s investment.
And now, according to Bloomberg, those 433.3 million Intel shares owned by taxpayers are now worth a staggering $36 billion, netting taxpayers a $27 billion paper gain.
That’s a quadruple move in only 8 months.
So, now we are hearing Trump loyalists saying how smart he is believing that he just showed a way to generate money out of US stocks and hence payback all the loans.
That may sound great.
But a $27 Billion gain doesn’t begin to move the meter on our $39 Trillion+ debt.
Do the math…and I’ll make it simple.
If you take 10% of $39 Trillion you get $3.90 Trillion.
So, if anyone can generate consecutive returns of $27 Billion (on paper) they would need to do it a minimum of 144 times.
And we would still have 90% of our debt.
Let that sink in for a moment.
And don’t get fooled by Intel’s record-breaking headlines.
Instead, tighten your seatbelt.
Because it’s going to be a roller coaster ride into the month of May.
