As expected, Tilray $TLRY is dropping. Revenues rose nicely but who cares? Costs went up at a faster rate. Mgt. of course said this expense is necessary to grab TAM (addressable market). That’s a trick. PT $50. TLRY is ~ $105. $TLRY, Tilray Brands, Inc. / H1 Watch out for $CRON and $CGC. OUCH. $AAPL is hiding something – iPhones sales. This strategy to trick the analyst will work. So long as services revenue – that is, iPhone fans paying whatever they need to on apps and music – goes up, the stock will hold up the $180 - $200 level. $AAPL, Apple Inc. / H1 Fed Chair Powell speaks today. Beware of more volatility today. Will you buy calls on the dip? $SPY $VXX. Weak economic data out of China, Germany, and Japan. India shadow banking experiencing a credit crunch. 70% of global GDP is trending down. Buy Puts then until the next crisis? It won’t be a banking crisis, at least not directly. Governments will shore up banks. Trade cautiously today.