Emergency Mad Hedge Trade Alert on Amgen (AMGN).

It has a very high growth rate for a $542 billion company. It has an option implied volatility of 40%. It also just announced blockbuster earnings yesterday, removing a potential downside risk. With a price earnings multiple of 60X, it is one of the most expensive stocks in the market, but in this case, the high multiple is justified. Revenue for the quarter reached $11.08 billion, up 16% year over year. But nearly two-thirds of the streamer’s sales come from abroad. Much of the strength came from a weak US dollar. Buy (NFLX) on dips.

in a rush to beat price increases from the upcoming tariffs, suggesting a modest improvement in economic activity and giving the Federal Reserve cover to delay cutting interest rates while it gauges the inflation fallout from tariffs.

meaning that we haven’t even seen a hint of inflation yet. Prices will take off like a rocket next month, but not get reported until September 10. No wonder Jay Powell is in no hurry to cut interest rates.

by 4.6% from the previous month to a seasonally adjusted annualized rate of 1.321 million in June of 2025, trimming the revised 9.7% slide in the previous month. Starts fell in the Midwest (-5.3% to 179 thousand), the West (-1.4% to 286 thousand), and the South (-0.7% to 674 thousand).