I was born on 6 August 1956 in San Francisco, California to Janet and (the late) Richard Hovis.
I grew up in Santa Monica, California where I attended elementary, junior high school, and high school (graduating in 1974), in addition to involvement in sports and recreation (Little League +, the Boy’s Club ++). Further, it was in elementary school – St. Augustine’s By-the -Sea Parish School that I found, and made the choice to truly journey with God.
I attended Arizona State University from 1974 to 1977 – seeking to become an architect, however, I was not accepted, and, as such, I graduated with a Liberal Arts degree.
Upon graduation from Arizona State University, I attended Cal Poly San Luis Obispo and studied City and Regional Planning at the Master’s level. I successfully completed one (1) year in a two (2) year program – I did not complete the Master’s degree in City and Regional Planning – due to personal reasons.
I returned to Santa Monica where I started (October 1979) my career as graphic designer with Exxon Company, USA. I spent five years with Exxon Company, USA.
While working with Exxon Company, USA I was accepted into architectural school – Sci-Arc in Southern California, however, I did not attend preferring to stay with Exxon..
In 1982 I married Laura Flosi and in April 1983 we had our one and only child – Lauren Alain Hovis – a gift from God.
We moved to Phoenix, Arizona in 1984 from Los Angeles, where I went to work as a graphic designer with Kitchell CEM (from 1985 -1987).
From 1987 – 1995 I was an independent contractor, and a registered representative in mortgage finance, financial management, graphic design, and drafting.
Further, I attended the University of Phoenix and successfully obtained a Master’s in Business Administration (MBA) in 1982.
I was also a member of the Scottsdale Jaycees, where I became very involved in community events and projects.
In 1994, I accepted a cartography position with the Defense Mapping Agency in Reston, Virginia. As such, I relocated from Phoenix to Reston.
In 1998, I was accepted and worked as a Visual Information Officer with the Central Intelligence Agency. In 2002, I worked as a Support Officer until my retirement (due to a need for shoulder surgery) in September 2018.
Away from my Federal Government service, I have been involved in various organizations and activities in Northern Virginia.
In November of 2011, I married Rebecca Ouellette in Santa Monica, California. I reside in San Tan Valley, AZ with my two hamster - Jess and Timothy, our fish, our lizard - RJ Lizard., and our cats - Pearl and Grey.
As to hobbies, I enjoy playing sports, attending sporting events, mentoring individuals from financial management to hamsters, building models, photography, travel, multimedia design, managing partner for RJ Hamster, and jazz – smooth jazz to a samba or a bossa nova.
Love and God Bless,
Peter – aka RJ Hamster Jo hi
This Sunday we are called to remember that our religious practice must not be a monument to an unknown God. Through the Word and the Eucharist, we are called not to fear, but to gently tell our world and our neighbors, about the hope that is in us!
Meeting ID: 886 8907 5784 Passcode: churchPastor Tim “God has led you to the desert, and spoken to your Heart.”
Mount of Olives Lutheran Church
3546 E. Thomas Rd
Phoenix, AZ 85018
602-956-1620 office
Mount of Olives Pastor Tim Perlick
480-729-0115
Bible Study for May 9.2026
Opening Prayer:
Creator of all, we thank you for the opportunity to gather in study. Open our minds and hearts. By the power of the Holy Spirit, unite us in faith, hope, and love. Help us to be faithful to the gospel and to walk humbly with you. Grant us your peace as we grow in wisdom and understanding. We pray in Jesus’ name. Amen.
John 14:15-21 How do we experience the presence of the Holy Spirit in our life?
John teaches that the disciples (and Jesus’ faith community) can be in relationship with the Father and the Son after the Resurrection and Ascension, but this relationship only exists within a community of faith. Once more we see that there is no rugged individualism about faith in the New Testament. It is always a faith of the community, rooted in the community, nourished in the community, lived out in the community. Jesus makes the promise to the community, not to individuals. In this model of love, the relationship between Jesus and others can grow beyond that first community and include us. The relationship depends on the presence of the love of God in the life of the community. That love is present wherever those who love Jesus keep his commandments.
1 Peter 3:13-22 Have you ever felt that any of your suffering was God’s will?
We can actually rejoice in suffering, Peter says, if we do it because of goodness. If we suffer as Christ suffered, we can also be a part of Christ’s redemption. Peter also refers to the ark of Noah and those saved from the Flood. That event, he says, is like baptism, a saving act. When Peter says we are saved in baptism, he does not mean there is something magical about the sacrament, but that baptism is a part of God’s power for our salvation. The response to God’s saving act is the “appeal to God for a good conscience” (v. 21), which means a commitment to live out our baptism in the world..
Acts 17:22-31 How would you go about proclaiming the Gospel?
Paul began his speech at the Areopagus (either the city council or courthouse) by telling the Athenians he could tell they were very religious. He had been around the city and noticed all the temples and altars, including one to an unknown god. Paul told the Athenians he could reveal to them the nature of this unknown god. What did he tell them about this unknown god? First, Paul said, God made the world and everything in it. Therefore, God does not live in human shrines or need anything from human beings, since God is the source of all that is. Second, God made all nations from one common humanity. Third, God determined national boundaries and fixed the time the nations would live in them, which refers to Deuteronomy 32:8. The Greeks also believed their place in the earth came by divine appointment. Perhaps Paul was trying to speak to his sophisticated Greek audience in terms they already understood.
Every AI bull run eventually collides with a hard physical constraint. Right now, that constraint is power.
Rob Spivey, director of research at Altimetry Research, has spent months mapping the energy infrastructure buildout behind the AI boom—and his findings point to a specific kind of company that stands to benefit most. Not just any energy stock. The ones that can deliver power without waiting on regulators, utility approvals, or the grid itself.
That thesis is increasingly playing out in real time. When the Federal Energy Regulatory Commission last projected U.S. power demand growth out to 2030, the number came in at 166 gigawatts, up from just 24 gigawatts in 2022. The reason is straightforward: training AI models and running data centers around the clock requires massive, uninterrupted electricity. And the companies building those data centers know they can’t wait for the grid to catch up.
Why Hyperscalers Are Ditching the Grid
The problem isn’t just demand, it’s friction. Data centers are running into what Spivey calls NIMBYism: “not in my backyard” pushback from communities opposed to the power price spikes that come with large-scale AI infrastructure. In some markets, grid interconnection wait times stretch beyond six years. Data center shells sit fully built but unpowered.
Meanwhile, the hyperscalers are spending as if none of that friction exists. Meta Platforms (NASDAQ: META) recently guided to $125–$145 billion in data center capital expenditures for the year. Total hyperscaler spending across Microsoft (NASDAQ: MSFT), Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOGL), and Meta is on pace to exceed $700 billion. The reason they won’t stop, Spivey argues, is structural: this is a winner-take-all race to artificial general intelligence, and the first company to blink declares itself the loser.
The solution is what Spivey calls “bring your own power.” This is behind-the-meter generation that bypasses the grid entirely. Oracle’s Project Jupiter campus in New Mexico is being built entirely off-grid. West Texas is seeing similar developments. The real investment opportunity sits not in utilities waiting to sign grid connection agreements, but in the companies actually building the power.
GE Vernova: The Turbine Monopoly No One Fully Prices In
The first name Spivey points to is GE Vernova (NYSE: GEV). When you need to build a natural gas power plant—the kind that can run 24 hours a day, 365 days a year—there are only three companies in the world that make the turbines: Siemens Energy (OCTMKTS: SMEGF), Mitsubishi (OTCMKTS: MSBHF), and GE Vernova. That supply constraint is already showing up in the order book.
According to GE Vernova’s Q4 2025 earnings release, gas turbine backlog and slot reservation agreements reached 83 gigawatts by the end of 2025, up from 62 gigawatts just one quarter earlier. The company is targeting around 20 gigawatts of annual production capacity by mid-2026. Its total backlog across all segments now sits at $150 billion, up 26% year over year. Turbine reservations are on track to be sold out through 2030.
The deeper story, Spivey argues, is in the margins. When GE Vernova was spun out of General Electric in 2024, it carried a 3% earnings margin, weighed down by costs inherited from the parent company. Its peers, by comparison, operate at roughly 20% uniform margins. That gap is closing. As capacity expands and legacy costs burn off, GE Vernova isn’t just growing its revenue—it’s growing into what its business should have been worth all along.
Even after a significant run, Spivey sees more room ahead. His research has found that in the middle of a bull market, companies that have already doubled have a better-than-coin-flip chance of doubling again—and when uniform accounting confirms the valuation still has room, that probability rises further.
Bloom Energy: The Fuel Cell Company Hyperscalers Just Validated
Bloom Energy makes solid oxide fuel cells: devices that take natural gas and convert it directly into electricity, without combustion and without connecting to the grid.
For a hyperscaler that wants reliable, around-the-clock power on its own terms, that’s an attractive proposition. The question has always been whether Bloom could scale fast enough to matter.
Oracle’s (NYSE: ORCL) Project Jupiter answered that question in a significant way. The data center campus in New Mexico, one of the largest AI infrastructure projects announced in recent years, will be powered entirely by Bloom’s fuel cells, with a capacity of up to 2.45 gigawatts. Per a deal announced in April 2026, Oracle has contracted for up to 2.8 gigawatts from Bloom across multiple deployments.
Two years ago, Bloom was producing around 100 megawatts of capacity annually. The company has outlined a path to 5 gigawatts per year by 2030. Each deployment also carries a recurring revenue tail: the fuel cells require periodic catalyst replenishment, meaning every megawatt sold generates a service relationship that doesn’t end at installation.
Spivey’s uniform accounting analysis also found that Bloom was already profitable in 2021 and 2022, at a time when conventional accounting made it look like a money-losing startup. The market, he argues, is still partially anchored to that older read, and the actual earnings trajectory looks far stronger than the as-reported numbers suggest.
Kodiak Gas Services: The Double Dip Most Investors Haven’t Found Yet
The third name is more off the radar: Kodiak Gas Services (NYSE: KGS). Most investors know Kodiak as a contract compression company. It operates the fleets of compressors that push natural gas through pipelines as it travels from wellhead to destination. More demand for natural gas means more demand for Kodiak’s compressors. That alone gives it leverage to the AI energy buildout.
But the bigger move is what Kodiak has done more recently. In early 2026, the company completed its acquisition of Distributed Power Solutions, rebranding the business as Kodiak Power Solutions. The deal added approximately 395 megawatts of distributed generation capacity—turbines and reciprocating engines that can be deployed wherever power is needed, including directly at data center sites. Around two-thirds of that acquired fleet is already contracted to data center operators.
The strategic logic: the same operational expertise Kodiak uses to run compression fleets in the field translates directly to running mobile power generation at data center campuses. The company can now sell power at better pricing into high-demand digital infrastructure markets, while its compression business benefits from the increased natural gas volumes that AI-driven electricity demand will require.
Spivey describes this as a double dip—more natural gas throughput drives compressor demand, and more data center power demand lets Kodiak sell generation capacity at premium pricing. The market, he says, hasn’t fully priced what that combination does to long-term profitability. The U.S. natural gas advantage reinforces both sides: EQT (NYSE: EQT), the country’s largest producer, can extract gas for around $1 per BTU against a market price near $5, a cost floor that keeps natural gas the most viable near-term fuel for AI power.
2 Names to Avoid in This Cycle
Not every energy company benefits equally from this shift — and two in particular stand out as names Spivey would sidestep.
The first is NextEra Energy (NYSE: NEE). On the surface, it looks like a perfect fit: the largest utility in the world, with major exposure to wind and solar. But data centers need baseload power—electricity that runs consistently, around the clock, regardless of weather. Wind and solar don’t provide that. Battery backup extends renewable generation by a few hours, not the full overnight window a data center requires. NextEra is structurally misaligned with what the biggest power buyers actually need.
The second is AECOM (NYSE: ACM). Construction and engineering stocks should theoretically ride the data center buildout higher, but AECOM’s project exposure skews toward transportation and wastewater, not power generation and digital infrastructure. The stock was under pressure for months while better-positioned peers ran. When the market is clearly telling you a company isn’t in the right lane, Spivey says, it’s worth listening.
Microsoft CEO Satya Nadella put it plainly: the company has NVIDIA (NASDAQ: NVDA) chips ready to deploy. The bottleneck is power. The chip stocks got there first, but the energy infrastructure story may have more runway left than most investors realize. READ THIS STORY ONLINE
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Struggling stocks are signaling confidence ahead, recently announcing substantial share buyback authorizations. These names are looking to buy shares at what they likely view as depressed prices, providing positive signals to investors going forward.
Netflix’s Buyback Capacity Hits 8% of Market Capitalization
First up is streaming giant Netflix (NASDAQ: NFLX). Netflix shares have seen considerable volatility over the recent past. The stock took big hits after Netflix announced its intention to acquire Warner Bros. Discovery (NASDAQ: WBD). After the deal fell through, Netflix shares managed to rebound above pre-merger announcement levels. However, the stock tanked again after Netflix released its latest earnings report, with the company providing underwhelming guidance.
Now, it looks as though Netflix is trying to pick up some of the slack in its stock price. Around a week after reporting earnings, Netflix authorized a $25 billion share repurchase plan. This adds to the company’s $6.8 billion in remaining buyback capacity held under its December 2024 repurchase authorization. In total, Netflix’s buyback capacity now sits near $31.8 billion. This is very substantial, equal to around 8% of the firm’s approximately $390 billion market capitalization.
Notably, Netflix did not provide a specific reason for its buyback capacity increase, and the program does not have an expiration date. However, given the size of the program, it is likely that Netflix sees value in its falling share price. Currently, Netflix is down just over 30% from its 52-week high.
Pulte Signals High Buyback Spending to Continue
PulteGroup (NYSE: PHM) is another large consumer discretionary name, being one of the top homebuilders in the United States. Pulte shares have been largely stagnant in 2026, providing a slight year-to-date (YTD) loss.
Homebuilders have been in a difficult position, with sales and earnings falling considerably. Still, Pulte avoided a sell-off following its latest report, rising 2.4% afterward.
This came despite sales falling 12% year-over-year (YOY) and adjusted earnings per share falling 30% YOY, showing that the market has priced in very low expectations.
Alongside its earnings, Pulte announced a $1.5 billion increase to its buyback authorization, bringing its total buyback capacity to $2.1 billion.
This is equal to over 9% of the firm’s approximately $23 billion market capitalization, giving it a significant ability to continue lowering its outstanding share count.
Since 2013, Pulte has spent billions on buybacks and cut its outstanding share count in half. The firm’s buyback spending last quarter was $345 million. This was a notable 15% increase over the prior quarter and good for Pulte’s second-highest quarterly buyback spending ever.
The company’s new authorization indicates that its buybacks could continue at this strong pace over the coming quarters.
Mobileye Announces $250 Million Buyback With Shares Down Big
Last up is Mobileye Global (NASDAQ: MBLY). The company provides advanced driver assistance systems (ADAS) and autonomous driving technologies. As an automobile components company, Mobileye sits within the broader consumer discretionary sector. Mobileye shares have faced serious pressure lately, down over 15% in 2026 and more than 40% in the last 12 months.
Mobileye has seen very inconsistent sales growth over this period. The firm has recorded YOY sales shifts as high as 83% and as low as -9% during the past five quarters. This has contributed to significant margin volatility, with adjusted operating margins fluctuating between 21% and 9%.
However, Mobileye’s expected eight-year automotive revenue pipeline ended 2025 at $24.5 billion. This compares to its last 12 months’ revenue of $2.01 billion, signaling a significant opportunity ahead.
Mobileye has also announced a $250 million share buyback program, which is equal to over 3% of its approximately $7.4 billion market capitalization. The firm intends to use the authorization to partially reduce dilution from its recent acquisition of Mentee Robotics.
However, the company also said it sees “an opportunity” to address this dilution at “significantly more attractive prices than those embedded at closing.” Overall, the company likely sees a level of value in its share price, even though the buyback decision relates directly to the Mentee deal.
Analysts Eye Gains Ahead for Netflix, Pulte, and Mobileye
Once a struggling brick-and-mortar retailer, GameStop is now swinging for a much bigger stage. GameStop (NYSE: GME) CEO Ryan Cohen made his move, announcing the intended acquisition of eBay (NASDAQ: EBAY), but now faces many challenges.
The primary challenge is execution, as integrating the two platforms will not be easy. The real question is whether eBay accepts the offer or if the move turns hostile, an event likely to kill the company’s culture and increase the risks.
At face value, the merger is an ant eating an ant-lion, with GameStop trying to buy legitimacy, and comes with considerable challenges. GameStop has ample cash on its balance sheet, but not nearly enough to cover the move, so it will require debt financing to execute. Assuming a quick and easy transition, one in which synergies are realized and revenue streams unblocked, no problem. If, however, there are stumbles or missteps, they will be quickly seen in the stock price.
GameStop Better Bring Its A-Game to eBay Merger
Stumbles are likely. GameStop is in the midst of its own turnaround, with core sales declining and its marketplace insufficient to offset the shortfall, even as eBay works to integrate its own acquisitions. GameStop’s offer should be viewed as a swing-for-the-fences move aimed at increasing scale and reach. A move intended to help it outcompete even larger, better-established platforms such as Amazon (NASDAQ: AMZN) and Shopify (NASDAQ: SHOP), which is unlikely.
On the one hand, Amazon is a global powerhouse commanding approximately 35% to 40% of U.S. eCommerce traffic, while on the other, Shopify provides a full-service platform for retailers, far superior to eBay, and also commands a double-digit share of eCommerce business. eBay is more like 2.5% to 3.5% of the eCommerce business; successful completion relies on a flawless transition of GameStop stores to eBay shipping hubs, which eBay may not even need. As it stands, eBay sellers are generally smaller, home-based operations with smaller sales volumes; the shipping hubs it does have are strictly collection points for international business.
Risks for investors include the very significant threat of dilution. The deal is structured as a 50/50 cash-stock split, meaning approximately $27.75 billion in new stock, approximately 2.3X the company’s early-May market cap, equalling triple-digit dilution in addition to the debt risk. The company’s debt will swell to over 3.25 times its equity, equity which is tied to inventory and Bitcoin. The company’s inventory is central to its core business, which is stalling, and in decline; Bitcoin is another issue altogether.
Bitcoin Is a Distraction: Duh, Sayeth the Analysts
GameStop’s dalliance with Bitcoin is turning into a major misstep and ultimately a distraction that won’t go away quickly. With BTC down from its highs, GameStop suffers unrealized losses and, even with a rebound, the upside is severely limited. The company sold covered calls on its position, effectively transferring control to Coinbase Global (NASDAQ: COIN), with strikes in the $105,000 to $110,000 range only incrementally higher than GME’s entry points. The upside is that GME can earn some income from its position until Bitcoin rebounds; the question is whether it’s worth it, given the capital-intensive eBay offer.
The analyst response to the takeover offer was to be expected. Firms from Robert W. Baird to Morgan Stanley issued commentaries casting doubt on the deal. The primary concerns are the complex structure, the dilution threat, debt, and doubts about feasibility. Analysts doubt the deal will even happen and see eBay’s turnaround working on its own. In this scenario, Mr. Cohen’s bid is more likely to go hostile, as the eBay board may see no value in the takeover.
GameStop: A Risky Buy—eBay: A Good Buy
The stock price action is mixed. GME’s share prices fell approximately 8% upon the announcement of the acquisition, confirming resistance at the top of a trading range, but support is also evident. The decline halted near the 30-day EMA, which has been supporting the share price in Q2. If this level continues to support the market, a retest of the range top is likely, and a new high is possible.
Among the risks for traders is the short interest. Short selling in GME stock heated up earlier this year and has the interest running near 15%. A move higher, specifically one that hits or exceeds an existing resistance target, is likely to trigger short interest in a self-limiting movement. In this scenario, GME stock will remain range-bound until the deal goes through and evidence of traction is seen, the core business improves, or another catalyst emerges.
eBay stock advanced to a fresh high after the announcement, and may continue to move higher. The much-needed publicity is raising awareness that its AI-powered turnaround is gaining traction. The company has increased focus on four pillar categories, and efforts are resonating with consumers.
Results in early 2026 reveal outperformance and acceleration, a recipe for stock price rallies. With stronger fundamentals, a cleaner balance sheet, and a turnaround already in motion, eBay appears to hold the upper hand in this standoff—and may ultimately find itself in a position to dictate terms rather than accept them. READ THIS STORY ONLINE
The Night Owl is a financial newsletter that provides in-depth market analysis on stocks of interest to individual investors. Published by MarketBeat and Early Bird Publishing, The Night Owl is delivered around 9:00 PM Eastern Sunday through Thursday. If you give a hoot about the market, The Night Owl is the newsletter for you.
You buy the right idea. The thesis is solid. The chart looks clean. And the stock just sits there.
Meanwhile, three rows down on your screen, some name you’d never heard of is up 80% in three weeks.
That happens for a reason. And it’s not luck.
Paul Lemal has spent 30 years reverse-engineering the biggest stock market winners in history. Out of that work came something he calls the “Deuterium Setup”, a cycle-based math model that surfaces the handful of stocks mathematically primed to explode before they actually do.
He wrote a full chapter on it for a Free Strategy Guide we just dropped called“The May Trading Manual”.
Plus four more strategies from professional traders like JP Drysdale, Fred Fuld III, Alexander Hayes, and James McAllister.
The full manual is yours free, but only for a short window. We pulled five top traders together for this drop, and the playbook stays live until the May session is in the books.
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Jesus Christ, my God, I adore You and thank You for all the graces You have given me this day. I offer You my sleep and all the moments of this night. I place myself and all my loved ones, wherever they may be, in Your sacred side and under the mantle of Our Blessed Mother. Let Your holy angels stand watch and keep us in peace. Amen.
Quote of the Day
“Whatever you do, work heartily, as for the Lord and not for men.” -Colossians 3:23
Today’s Meditation
“Do not be frightened, daughters, at the number of things we have to consider when we are beginning this divine journey, which is the royal road to heaven. The precious treasure to be gained in undertaking it may seem to us to cost us dearly, but the time will come, when we shall understand that everything is as naught in comparison with so great a prize.” —St. Teresa of Avila, p. 83
Looking for a meaningful way to say “Congratulations”? Celebrate their “Yes” to Christ with gifts that honor the grace of the Sacraments and the enduring beauty of our Catholic tradition. Explore our curated collection of First Communion and Confirmation gifts.
With delicate jewelry for her, sturdy paracord rosaries for him, and inspiring saint medals to guide them as they grow in the Holy Spirit, give a gift that nurtures their soul and reflects the joy of our shared faith on this unforgettable occasion.See Them All
The daily examination of conscience is an ancient Catholic practice. It’s very simple, and it’s designed to help us identify our sins and weaknesses so that we can improve and grow stronger in the spiritual life, while providing an excellent ongoing preparation for regular Confession. It consists of taking a few minutes at the end of the day to prayerfully review our actions in the light of God’s commandments, followed by the Act of Contrition.
Reflect on the victories and losses
Actively reflecting on the high and low points of the day can help you live more intentionally and bring a renewed sense of resolve into the following day.
Review your actions, words, and thoughts today. Did you actively guard yourself against temptation? Where did sin creep in?
In what moments did you practice virtue and moral courage?
Were you attuned to the Holy Spirit’s promptings today? Where did you feel His inspiration?
Ask Him for the graces necessary to follow His Will more purposefully tomorrow.
Act of Contrition
O my God, I am heartily sorry for having offended Thee, and I detest all my sins because of Thy just punishments, but most of all because they offend Thee, my God, Who art all good and deserving of all my love. I firmly resolve with the help of Thy grace to sin no more and to avoid the near occasions of sin. Amen.
Practice gratitude
It is God’s love that has brought you into existence and to this exact moment. Practice looking for His hand in your day.
Where did you feel His loving gaze upon you today?
What people or moments helped you see God in your life?
Thank God for all these moments!
Ask Him to help you recognize His blessings and providence tomorrow.
Renew your commitment to Christ
Remember: our Faith is founded upon a Person—Christ! Renew your personal love and devotion to Him.
Thank God for the gift of His Son Jesus and our call to be His disciples.
Tell the Lord of your desire to know Christ more personally.
If possible, set an intention for your day tomorrow. Ask Our Lord to guide you in this act.
Pray a Hail Mary, Our Father, or another beloved prayer.
Rest with God
[He] made the Bear and Orion, the Plei′ades and the chambers of the south; Who does great things beyond understanding, and marvelous things without number. — Job 9:9-10