Reminder: the Crusades were a response to over 400 years of Islamic aggression against Christians and Europe.
632: Muhammad dies.
635: Muslims conquer the Christian city of Damascus.
636: Muslims conquer the Christian city of Antioch.
637: Muslims conquer the Holy Land.
639: Muslims conquer the first Christian country Armenia.
641: Muslims conquer the Coptic Christian country of Egypt.
650: Muslim armies reach southern Italy and Cyprus, taking thousands of captives as "slaves" and "concubines."
711: Muslims invade Spain, and by 715, they have occupied most of it.
717: Muslims besiege Constantinople but are repelled.
730: Muslims invade France, only to be stopped by Charles Martel at the Battle of Tours.
792: The ruler of Al-Andalus calls for the invasion of France, and Muslim armies are assembled to attack it again, but they are repelled.
827: Muslims invade Sicily and Italy, persecuting monks. Sicily remains under Islamic rule until 1092.
846: Muslims invade Rome and force the Pope to pay tribute.
848: A third invasion of France occurs, and they are repelled for a third time.
909: Muslims occupy Sardinia.
937: The Church of the Holy Sepulcher is burned down by Muslims, and more churches in Jerusalem are destroyed.
1009: Destruction of the Church of the Resurrection in Jerusalem.
1012: Beginning of al-Hakim’s oppressive decrees against Christians.
1071: Turkish Muslims attack the Byzantines and occupy much of Anatolia.
1094: Byzantine emperor Alexios I Komnenos asks Western Christendom for help against the Muslim Turkish invasions.
1095: Pope Urban II finally declares the First Crusade.
10/12/2026 Daily Recap: Is the AI trade over?
- $DRAM closing down over 4% $MU resting right on the 50sma but $SNDK $SKHY $STX $WDC don't paint a pretty picture either.
- $FOTO $EUV two of the photonics ETF's on the top of the leaderboard for colonoscopies. $LITE down 10%. $GLW $CIEN no help.
- $SMH what was your leading group last month has $AMD losing the 20sma and $TSM $NVDA failing at their prior highs.
- Genomics reverse lower after the one day bounce $ARKG $TXG $TWST.
- $XLE still acts superb with the refiners and explorers doing nothing wrong. $XOM CVX $LNG $FANG
- $XLF doing a nice job bouncing recently. They begin to report tomorrow. $JPM $GS WFC C.
- $BTC $ETH still some wiggle room into the 50sma so they get a pass for now.
- $HACK $CIBR some loose action coming from the cybersecutiry names although not broken. $CRWD $PANW $NET $FTNT.
- I did nothing today besides reduce my AMD further and trim some $PLTR into strength. I am not looking to pile back into semi or software gowth names while getting pushed around in my current names. That is the fastest way to bleed out on both ends. Give back unrealized gains + try new positions which are destined for failure in those same themes.
- Where is money going, where is money leaving? Toilet paper, soda and cigarettes were leading today. Photonics, semiconductors and memory were getting the ass kicked. I'll let you make of that what you will.
Weekly Market Focus|2026.10.12–10.16
Big week ahead. 👀
🏦 Big Banks
📊 CPI / PPI
🧠 TSMC
🛍️ Retail Sales
🏭 Industrial Production
The key battle:
Earnings Growth vs Inflation Risk.
Banks test higher-rate pressure.
TSMC tests AI demand.
CPI / PPI shape the Fed path.
Growth, inflation, and rates — all in focus this week.