The 'sell chips, buy software' trade reappears as Wall Street caps off another volatile week

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Strait of Hormuz traffic may not return to normal for 12 months or more, according to prediction markets

Kalshi traders give less than 50% odds that the key maritime passageway will fully reopen by July 2027.

Pakistan, Iran explore path towards new talks with US in a China-initiated push, sources say – Reuters

Pakistan, Iran explore path towards new talks with US in a China-initiated push, sources say  Reuters

US strikes Iran from south to north after Trump threats over Red Sea shipping – Reuters

US strikes Iran from south to north after Trump threats over Red Sea shipping  Reuters

Yemen teeters towards renewed war in shadow of Iran conflict – Reuters

Yemen teeters towards renewed war in shadow of Iran conflict  Reuters

Why we would buy the Intel dip but can't get behind the Dover bounce

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

CDC says massive cyclospora outbreak is now in nine states

The four newly linked states – Illinois, Kansas, Oklahoma and Pennsylvania – join Indiana, Kentucky, Ohio, West Virginia and hard-hit Michigan.

Trump warns China, Russia against involvement in Iran war – Reuters

Trump warns China, Russia against involvement in Iran war  Reuters

Netanyahu to meet with Trump in Washington on Tuesday, PM's office says – Reuters

Netanyahu to meet with Trump in Washington on Tuesday, PM's office says  Reuters

Physical oil prices jump with some nearing $110 as Iran, Ukraine wars hit supply – Reuters

Physical oil prices jump with some nearing $110 as Iran, Ukraine wars hit supply  Reuters

Why Costco keeps gas prices so low—it's 'straight out of the retail playbook,' expert says

Higher gas prices are driving record demand for Costco's gas stations as more Americans look to save at the pump.

EU sanctions Iranian judges, leading cyber group figure – Reuters

EU sanctions Iranian judges, leading cyber group figure  Reuters

The Club's top 10 things to watch in the stock market Friday

Intel shares gained after a blockbuster quarter, while Amkor was upgraded by UBS after an Nvidia partnership.

Tanker switches Asia voyage via Suez amid Houthi warnings, owner says – Reuters

Tanker switches Asia voyage via Suez amid Houthi warnings, owner says  Reuters

Asia LNG hits four-month high on fears of wider Mideast shipping disruption – Reuters

Asia LNG hits four-month high on fears of wider Mideast shipping disruption  Reuters

Treasury yields retreat, 10-year hovers around January 2025 highs

The yield on the 10-year U.S. Treasury note — the key benchmark for mortgage and auto loans and credit card debt — was last seen down one basis point at 4.693%.

In India, Iran war forces Diet Coke to roll out a bigger can, heftier price tag – Reuters

In India, Iran war forces Diet Coke to roll out a bigger can, heftier price tag  Reuters

Morning Bid: Oil batters bonds as AI burns cash – Reuters

Morning Bid: Oil batters bonds as AI burns cash  Reuters

Hormuz ship transits steady at three for three days, data shows – Reuters

Hormuz ship transits steady at three for three days, data shows  Reuters

US military says it completed 13th consecutive night of strikes on Iran – Reuters

US military says it completed 13th consecutive night of strikes on Iran  Reuters

Oil falls on report China pushing for end US-Iran war – Reuters

Oil falls on report China pushing for end US-Iran war  Reuters

Stocks edge back up as oil prices pause climb but yields hover near highs – Reuters

Stocks edge back up as oil prices pause climb but yields hover near highs  Reuters

Add a month at sea and $2.5 million – what it costs oil tankers to flee Hormuz and Bab el-Mandeb – Reuters

Add a month at sea and $2.5 million – what it costs oil tankers to flee Hormuz and Bab el-Mandeb  Reuters

US House passes $1 trillion defense bill despite Iran, Israel concerns – Reuters

US House passes $1 trillion defense bill despite Iran, Israel concerns  Reuters