Thursday, June 14, 2018

The Market, Energy, And Political Page, T+14 -- June 14, 2018 -- Flag Day -- I Assume The NFL Players Are Putting Out Their Flags This Morning

The market. Wow, wow, wow -- earlier this week the S&P hit an all-time high, going over 2,700. Creeping up at 4 - 8 points per day, the S&P 500 keeps moving -- it's up almost 9 points today and currently trading at 2,784. If 2,700 was a huge benchmark, then I assume 2,800 will be a similar important benchmark.

WTI: down slightly, but holding above $66.

Libya: not even worth finding the link, but apparently "militants" closed a Libyan crude oil terminal. In the Bakken, we have road restrictions in the spring, in Libya they have militants year 'round.



Jobs (link here):
  • forecast: 225K
  • actual: 218K
  • down another 4,000 from previous week
Retail sales for May, 2018 (link here): -- huge
  • forecast: up 0.4% month-over-month
  • actual: up 0.8% -- double the forecast
  • actual less autos: up 0.9%
Fortunately the Fed is raising rates aggressively to keep the economy from getting out of control under Trump's watch. 



Disclaimer: this is not an investment site. Do not make any investment, travel, financial, job, or relationship decisions based on what you read here or think you may have read here.

The market: both Tesla and Netflix are on a tear this week. TSLA is up another $10/sh today; NFLX is up another $10/sh also.


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A Note For The Granddaughters
The Crooked Eye

Sophia, our youngest granddaughter, is very aware of her parents' concern that she is watching too much "Netflix."

Last night, she asked her mom if she could watch the Octonauts again. She said she would quit watching if her eyes "got crooked."

She watched her program, went to bed, and we thought everything was okay.

Then this morning, from school, we received this photograph.

Yes, she has the dreaded "crooked eye" affliction.


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