Thursday, November 1, 2018

Jobless Claims Lowest In 45 Years; The Market, Energy, And Political Page, Part 3, T+80 -- November 1, 2018

Jobs: making America great -- first time unemployment claims drop again.
  • weekly jobless claims drop 2,000 to 214,000
  • continuing claims decrease to 7,000 to 1.63 million
  • the number of Americans receiving benefits was the lowest in more than 45 years
  • hardly seems like any recession on the immediate horizon; maybe I'm missing something
Iran hit by virus? Being reported out of Israel -- Israel silent as Iran is allegedly hit with computer virus more virulent than Stuxnet. If any accuracy to the report, coincides nicely with US sanctions on Iran to be in place on November 3, 2018 -- just a couple of days from now.

Natural gas shortage projected for Canada: this is a repeat of a story posted a few days ago. See "tag" for other posts, same story.
A natural gas shortage in Canada is expected to last through the winter months, forcing gas users ranging from industrial forces to local governments to seek alternative fuel sources and strategies for slashing consumption and conserving the gas they have. The shortage stems from this month’s pipeline explosion near Prince George, British Columbia.
In the aftermath of the explosion, FortisBC, one of British Columbia's largest utilities, says that their supply of natural gas will be reduced by a whopping 50 to 80 percent throughout the coldest months of the year. This sudden squeeze will necessitate a lot of unforeseen expenditures on alternative fuel sources. This is a cost that will be passed directly onto consumers, affecting everything from the price of gas and heating to even the price of vegetables, among other subsequent price hikes.
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AAPL: to report after market close today.

XLNX: after all the commotion these past few weeks, I completely forgot about XLNX -- hit a new high yesterday, I believe. Regardless, up a little today and trading at a new high.

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