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A Night Prayer
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
“No one who is rightly minded turns from true belief to false.” -St. Justin
Today’s Meditation
“When we feel ashamed and disturbed at having fallen into sin, this is but a temptation of the devil, who tries to make use of our distress to draw us perhaps into some graver sin. The sorrow we feel at having offended God does not distress the soul, but rather leaves it calm and serene, because it is a sorrow united to humility, which brings grace with it; but to be distressed and overwhelmed by sadness – either from the shame we feel at having committed some disgraceful action, or from a sudden recognition of liability to fall, just when we thought ourselves stronger and more faithful than ever – is simply pride, which is born of an excessive self-love. We have too good an opinion of ourselves, and this is the reason why we are disturbed when we see our reputation injured by others or diminished by our own actions.” —Humility of Heart, p.55
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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
Flagstaff Beer Festival Saturday, June 20, 2026 Ft. Tuthill Fairgrounds 1–5 PM (VIP entry at noon)
June is shaping up to be hot and dry in the Valley, so come cool off with us at the Flagstaff Beer Festival and enjoy a beautiful Flagstaff summer afternoon.
Proceeds from the festival support STEM City Flagstaff and its work in our community.
Stay ahead of what matters.June 1, 2026In Your City
Jonas Brothers’ Family Restaurant Closes Las Vegas Location After 3-Year Run—Another Celebrity Venture Bites the Dust
Nellie’s Southern Kitchen, the Jonas family’s Southern comfort food restaurant co-owned by Kevin Jonas Sr. and Denise Jonas, closed its Las Vegas location after service on May 25 following a lackluster three-year run at the MGM Grand. The closure adds another celebrity-backed restaurant to the growing graveyard of A-list dining failures, proving once again that star power cannot offset brutal restaurant economics or the cold reality that fans who stream your music won’t necessarily spend $18 on your fried chicken.
The 11,000-square-foot restaurant opened in June 2022 in the District near the MGM Grand Garden Arena, with the Jonas Brothers and their entire family attending the grand opening celebration during their Las Vegas residency shows. The restaurant was named after Kevin Sr.’s late grandmother and served Southern-inspired dishes using family recipes passed down through generations, including chicken and dumplings, fried catfish, chicken and waffles, along with collard greens and mac and cheese. The concept featured Jonas family memorabilia and nightly music nodding to the brothers’ pop-star roots, positioning it as a comfort-food stop for concertgoers spilling out of the nearby arena and casino traffic looking for something more homey than high-roller dining.
The Breakdown:
A spokesperson for the restaurant told press that the closure came as “our lease approached its expiration” and the family made “a strategic decision about where to focus our long-term efforts,” inviting everyone to visit the founding Belmont, North Carolina location now celebrating a decade of operation
The Las Vegas closure joins a lengthy list of celebrity restaurant failures including ventures from Britney Spears, Justin Timberlake (multiple times), Kevin Costner, and Steven Spielberg, demonstrating that celebrity status offers a massive marketing head start but cannot offset soaring labor costs and supply chain volatility
The closure coincides with MGM Grand’s broader reshuffle of its food lineup in response to shifting visitor habits and rising costs, with the resort’s iconic buffet also closing May 31, 2026
The Angle: This closure exposes the fundamental flaw in celebrity restaurant strategy: confusing opening-week foot traffic with sustainable business models. While a famous name packs the house during opening month, it cannot offset the reality of restaurant economics where labor costs continuously rise while supply chain volatility makes food costs unpredictable. The Jonas family probably believed that brand power built over decades in music would translate to dining loyalty, but they discovered what every celebrity restaurateur learns too late: your fans support you for who you are, not for your recipes. The Las Vegas location’s positioning near the MGM Grand Garden Arena was strategic—capture concertgoers flushed with the adrenaline of a live show—yet apparently even post-show euphoria couldn’t justify repeat visits. The North Carolina location, removed from celebrity glare and focused on locals seeking authentic Southern food, apparently thrived where the Vegas showpiece couldn’t sustain itself. The brothers just completed another Vegas residency called “Greetings from Las Vegas” before Nellie’s final service, meaning the restaurant closed just as the Jonas Brothers were once again performing in the city—a bitter irony suggesting their presence alone was no longer enough to drive traffic. The “strategic decision” language in the official statement is corporate-speak for “this hemorrhaged money and we’re cutting losses.” MGM Grand has no immediate plans for the space, which tells you everything about how forgettable the concept proved to be. In three years, Nellie’s went from grand opening celebration with all four Jonas Brothers present to complete erasure—a timeline that suggests the restaurant never found an identity beyond its opening-night celebrity momentum.
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For years, America’s biggest banks have been telling you they have no choice but to pay you interest rates as low as 0.4% (that’s the national average).
Now, suddenly… Elon is exposing many of these bankers for the sharks they really are. He’s not offering double… or triple… or even five times the interest… But 15 times the national average – at 6% per year. This is just one of the radical ways Elon’s new bank is disrupting the financial sector…
Tanker traffic through Hormuz has collapsed. LNG capacity is offline. Countries are already rationing fuel. Energy shocks don’t stay contained – they spread through the entire economy. As a market technician, I’ve studied these cycles for decades, and they always lead to monetary response – and currency pressure.
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Iran stops negotiations… how high could oil go?… Jonathan Rose’s three IPO red flags… Elizabeth Warren pushes AI taxes and higher capital gains taxes… the data that undercuts her jobs argument…
As I write on Monday near lunch, U.S. oil prices have surged 7%, with West Texas Intermediate Crude jumping to nearly $94 a barrel and Brent crude approaching $97 a barrel.
Driving the price action is news that Tehran is halting negotiations with the U.S. and threatening to fully close the Strait of Hormuz in response to Israel’s escalating ground offensive in Lebanon.
The headline arrives at a fragile moment in the Middle East. Despite an uneasy ceasefire that took effect in early April, U.S. warplanes struck Iranian radar and drone facilities on Qeshm Island over the weekend. Meanwhile, Iran launched missiles and drones at Kuwait. Both sides claimed the other fired first.
Despite what appears to be a deteriorating geopolitical situation, yesterday, President Trump posted on Truth Social:
Iran really wants to make a deal…
Just sit back and relax, it will all work out well in the end.
Whether that optimism is warranted is unclear. Axios reported over the weekend that Trump had requested several amendments to the draft agreement his envoys had reached with Iranian officials. Apparently, nuclear commitments and the scope of sanctions relief are two key issues.
As oil jumps higher this morning, the markets are pricing in uncertainty more than reassurance. And the range of outcomes here is wide.
Rystad Energy’s head of geopolitical analysis told CNBC that a full breakdown in talks – with fighting resuming in earnest – could send Brent to $180 a barrel by August. On the other hand, a comprehensive deal could see prices fall back toward $70 by year-end.
It’s a striking thought that this Strait – barely 21 miles wide at its tightest point – largely controls the fate of global energy markets, inflation forecasts, and economic growth across three continents.
The name is “Golden Dawn.” That’s what President Trump’s team is calling America’s new Manhattan Project — but for AI. It will span more than 700 miles — making it by far the largest AI infrastructure project ever built. When Trump flips the on switch, Louis Navellier believes it will trigger a $100 trillion reset of the AI markets. For investors who get ahead of it, the timing could mean everything. Louis’ revealing the one stock at the center of it all right here.
“They robbed us. That’s the only way I can put it.”
That’s our trading expert Jonathan Rose, referring to what happened with the Figma Inc. (FIG) IPO – which we detailed in Friday’s Digest.
Here’s Jonathan’s quick recap if you missed it:
A performance-based trigger almost no one knew about was in place.
The stock opened 158% above the threshold, and so the trigger fired on Day 1. By 36 days later, the people who understood the structure were selling at $80.
Eight months later, Figma was at $22 – down 81% from the peak and 33% lower than the IPO price itself.
That structure wasn’t an accident. It was the playbook.
This story echoes a saying I heard somewhere along the way…
“IPO” doesn’t stand for “Initial Public Offering,” but rather “Initial Public Offloading” – a time when insiders dump their shares to the unsuspecting public.
An IPO wave is on the way – at a scale we’ve never seen. SpaceX, Anthropic and OpenAI represent over $3 trillion in combined valuation coming to market, each structured by the same investment banks using the same mechanics.
Given this, Jonathan just flagged five warning signs that a deal is built for insiders, not you. I want to share three with you.
Three IPO red flags to watch for
The first thing to check is the float. If less than 10% of shares are being offered, Jonathan says be careful:
Small floats create artificial scarcity. They amplify the first-day pop. They give insiders more shares to sell into the secondary lockup expirations.
Second, ignore the “oversubscribed” bragging. Back to Jonathan:
A massively oversubscribed deal that prices below where it should clear is a deal that’s been deliberately underpriced to produce a pop.
Third – and this is the one almost nobody does – search the S-1 for “Early Release Condition” or “performance-based release.”
Here’s Jonathan on what to look for:
If the lockup releases additional shares at a price 25% above IPO, and the company prices low enough to guarantee the trigger, you’re looking at the Figma structure.
This is part of your defensive playbook – but what about offense?
Jonathan recommends investors buy the IPO family, not the headline.
Every AI IPO in this pipeline has publicly traded proxies you can own today. The logic of owning the family works two ways…
These companies hold direct equity stakes that rise in value as the IPO prices higher, and when Wall Street starts assigning enormous valuations to a sector, the public peers get repriced too – analysts are forced to update their comparables overnight.
SpaceX has Alphabet Inc. (GOOGL), which holds a 6.11% stake – exposure that becomes suddenly visible once SpaceX starts trading publicly. Anthropic has Amazon.com Inc. (AMZN) and Nvidia Corp. (NVDA) as major investors. OpenAI has Microsoft Corp. (MSFT) as its cloud and equity partner.
No lockup risk. No allocation lottery. No premium built on a deliberately restricted float.
Jonathan has taken this a step further
His unusual trading activity scanner – which identifies concentrated institutional positioning before the crowd arrives – is now paired with veteran trader Marc Chaikin’s institutional Money Flow indicator.
When both indicators confirm the same name, that’s their Convergence Trigger. It’s a powerful way to find the most attractive stock opportunities swirling around massive market events like IPOs before the bell ever rings.
Last week, the two experts went live to walk through exactly how this Convergence Trigger works – and shared specific setups already flashing today.
Bottom line: Three trillion dollars in AI “Initial Public Offloadings” is on the way. Be smart about how you play it.
Now, all the money being made – whether from IPOs or the AI trade broadly – is widening the wealth gap in America. And that’s producing the exact policy response I predicted in January…
At the start of the year, as our analysts were unveiling their 2026 predictions for the market, I made one of my own
This year will bring a wave of new, controversial legislative proposals aimed at investment wealth – proposals that may not pass immediately, but will introduce a new layer of policy risk investors will have to price in.
Behind my prediction was our ever-widening K-shaped economy, where Americans with assets grow wealthier while those without watch inflation erode their purchasing power.
Data from the Federal Reserve shows that in April, the gap between these two groups set a record…
The top 1% of households now own 31.9% of all U.S. wealth. This is the highest share on record since the Fed began tracking it in 1989. Meanwhile, the bottom 50% holds a mere 2.5% of the nation’s wealth.
History shows that large and persistent economic splits don’t stay contained. Over time, they tend to produce policy responses. That was the basis for my prediction.
With that context, let’s jump to Senator Elizabeth Warren’s (D-Mass.) op-ed published in Time last Wednesday. These are select quotes:
It’s time to tax AI and invest in people…
Taxing AI is one way we make sure the winnings from AI benefit all Americans…
We need to level the playing field by raising taxes on corporations and capital gains…
There is no denying that AI is already changing the labor market…
Now, we could analyze Warren’s op-ed from all sorts of angles. But let’s zero in on the last point about the labor market…
What’s the truth about AI jobs losses?
If you’re a longtime Digest reader, you know I’ve spent years flagging the risk of an AI-driven jobs apocalypse. The early data and commentary from AI experts pointing in that direction have been hard to ignore – and I’ve never been shy about sharing it.
But one thing I’ve always tried to be is honest, even when new evidence pushes back on old assumptions. And lately, that’s exactly what’s been happening.
So, let’s look at the actual data.
First, we’re three years into the age of AI, and yet the national unemployment rate still sits at 4.3%.
As you can see below, this is one of the lowest rates on record dating back to 1950.
Second, as I covered in last Wednesday’s Digest, Federal Reserve data on college graduate unemployment and underemployment show both metrics are running roughly in line with their 30-year averages.
For example, here’s the underemployment rate for recent graduates and college graduates dating back to 1990 as a reminder.
These statistics don’t support the crisis picture Warren’s framing implies, or recent headlines about “graduation boos” – students booing commencement speakers who mentioned AI – even as the underlying employment data remained sturdy.
Third, let’s look at what the actual job-posting data show – starting with the report from Citadel Securities that I featured in last Friday’s issue of Investing Insider.
The short version: hiring in several AI-exposed industries isn’t collapsing – in some cases, it’s accelerating.
As one example, the chart below shows a dotted vertical line labeled “Inflection in Software Hiring” around May 2025 – right as AI capabilities were accelerating dramatically.
Software-engineer hiring has climbed since then, now up 18% from that inflection point. The most AI-exposed occupation in the economy is seeing some of the fastest hiring growth.
If AI were already displacing knowledge workers on a broad scale, this isn’t the kind of chart we’d expect to see.
Even where layoffs are real, the story is complicated
The tech sector has seen heavier layoffs in recent months. But there’s more to it than the headlines…
Do you remember the Swedish “buy now, pay later” fintech giant Klarna (KLAR)?
It slashed its workforce by 22% and bragged that its AI chatbots could do the work of 700 customer service agents and marketing staff.
Well, after facing a decline in service quality and customer trust, the company backtracked on the aggressive cuts and initiated a recruitment drive to bring human workers back into customer support roles.
Even Sam Altman and Dario Amodei, CEOs of OpenAI and Anthropic are walking back their previous doom-and-gloom forecasts for job cuts.
Here’s Fortune from last week:
Altman said he was “pretty wrong” about AI’s economic impact—a reversal from his June 2025 warnings that entry-level roles were at serious risk.
Amodei, who once claimed AI could eliminate 50% of white-collar jobs, now says automation may actually expand the work people do.
Interesting timing as these companies gear up to go public…
Now, I’m not saying that displacement won’t eventually accelerate – but the current data simply aren’t there, and the experts are drastically changing their tune.
If you’re an Investing Insider subscriber, click here to log in and read the full analysis and piece from Citadel. You’ll come away with a better idea of what’s really happening – and how to position your portfolio.
If you’re not yet an Investing Insidersubscriber, this is a service where I interview our analysts, break down research from major Wall Street firms, and translate it all into the risks and portfolio implications that don’t fit in the Digest. Click here to learn more.
Where does all this end up?
The data today show that the job-loss narrative is running well ahead of the actual job-loss numbers.
In other words, though it could change in the future, Elizabeth Warren’s assertion that “there is no denying that AI is already changing the labor market” is wrong – there’s plenty to deny it.
But when it comes to the consequences for your portfolio, she doesn’t need to be right – she just needs to be persuasive.
So, where does this leave us today?
Stay long – but eyes open to public sentiment and political framing.
Have a good evening,
Jeff Remsburg
Manage your account We hope this timely investment research is valuable to you. As you know the markets move fast and conditions change frequently. So please check the current issue for the most recent advice. Please note that we cannot be liable for any missed bulletins caused by overzealous filters. To ensure that you continue to receive this valuable part of your service please take a moment to add services@exct.investorplace.comto your address book.
There’s someone at the table you don’t know very well. A friend of a friend.
And in passing, you hear him say something that almost makes you spill your drink…
He says he’s been making gains of 100%, 200%, even 500% on trades in the stock market.
What’s more, he says some of these gains have come in a matter of months…
Others in weeks…
And some in just days.
At first, it sounds outlandish. Maybe even impossible.
You don’t want to cause an embarrassing scene, so you let it go. But in the back of your mind, you’re thinking: This guy has to be full of it.
And honestly, I wouldn’t blame you for being skeptical.
If some random person at dinner told me he was pulling triple-digit gains from the market in days or weeks, I’d probably raise an eyebrow too.
But what if he wasn’t exaggerating?
What if there really was a way to spot fast-moving trades and make triple-digit gains before most investors even know which way is up?
That’s where my friend and InvestorPlace colleague Jonathan Rose comes in.
Jonathan is a veteran trader who spent more than 16 years trading on the Chicago trading pits. That means he didn’t learn how markets move from a textbook – he learned it in the middle of the action – watching billions of dollars flow through the market in real time.
And over the past year, he’s used that experience to help his followers target some truly remarkable gains, like…
209% in only 13 days from Lyft…
959% in 31 days from Albemarle Corp…
And 1,234% in only 12 days from MP Materials.
Now, I realize numbers like that can sound hard to believe. But that’s exactly why I wanted to sit down with Jonathan for this week’s Navellier Market Buzz.
Because he has a very specific way of finding these opportunities.
He follows what he calls Wall Street’s “hidden bets” – the unusual trading activity that can tip off where big money is moving before the headlines catch up.
And when he spots the right setup, he can use a short-term trading strategy to potentially boost the gains from a stock move by 500% or more.
That’s why I think you’ll want to hear what he has to say. And after you watch, I also encourage you to check out Jonathan’s latest presentation with Marc Chaikin.
Together, they’ll show you how Jonathan’s strategy combines with Marc’s Money Flow indicator to identify stocks where the big money may already be lining up.
Click the image below to watch my chat with Jonathan now.
If you haven’t already, click here to subscribe to my YouTube channel. And if you’d like to learn more about Jonathan, check out his YouTube channel here.
One of the biggest themes from my conversation with Jonathan is that the strategy involved with making gains like this doesn’t have to be as complicated as many people think.
In fact, Jonathan has repeatedly said that some of his most successful followers started with very little experience.
They’re not professional traders. They’re not glued to a screen all day. Instead, they’re following a proven process.
That process is the heart of the new presentation Jonathan recently hosted with veteran market analyst Marc Chaikin of Chaikin Analytics.
Together, they’ve developed a new “Convergence” signal that combines Jonathan’s “Unusual Options Activity” scanner with Marc’s “Money Flow” indicator to identify winning opportunities in today’s volatile market.
In the presentation, they’ll explain exactly how it works, why it may be useful in today’s volatile market and reveal five stocks currently meeting their criteria.
Manage your account We hope this timely investment research is valuable to you. As you know the markets move fast and conditions change frequently. So please check the current issue for the most recent advice. Please note that we cannot be liable for any missed bulletins caused by overzealous filters. To ensure that you continue to receive this valuable part of your service please take a moment to add services@exct.investorplace.comto your address book.
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RJ Hamster 