A Crackin the World - of AI that is

 4/28/2026

It's the returns on AI, it's the price of oil, it's well we don't know 

The media has no method other than to link the events to some news item, so today it was AI and Oil.

 

Yesterday I suggested the SOX index would be as god as any to track a top as semi conductors were goosing the market, well whaddya know! PMO is clearly topping in both graphs but you won;t hear that in the media. Industrials did not do much but NDX dropped 1%. Well that is a start.

I am working on a method for selling naked options, I know that sounds wild but not if there is a method and it has a track record. Stay tuned for more on this. 

MY short list of naked calls would be

 

Walmart WMt

V Visa

SHW Sherman Williams

NKE Nike

I made this list this morning, ow look at SHW, it has not fallen at that time

 Ok so I looked for an answer, bad earnings, hardly. This sort of thing is what one expects of a bear market,  in bear markets all news is bearish, yes it makes no sense but here we are.

Stay tuned to www.professorelam.blogspot.com, this is getting more interesting. 

The Sherwin-Williams Company recently reported past first-quarter 2026 results, posting sales of US$5,666.9 million and net income of US$534.7 million, alongside higher earnings per share than a year earlier.

Around the same time, Sherwin-Williams reinforced its focus on premium, sustainable products with the launch of Emerald Symmetry, a zero-VOC, plant-based interior paint backed by third-party certifications.