Friday, March 15, 2019

Friday, March 15, 2019, T+72 -- Part 1

Note: I apologize to delayed replies to correspondence. I've received a lot of e-mails and comments over the past two days but am so busy won't get to them until later today or over the weekend. But please continue writing. I learn a lot; get a lot of great ideas. Good luck to all.

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

WTI: trading above, but barely above, $58.

Threat: OPEC spokesman says the cartel will destroy the US shale industry if US votes to place sanctions on OPEC cartel. Saudi tried that in 2014: it was a trillion-dollar mistake. It would be more painful this time for everyone if OPEC opened the spigots. So much for Saudi's recent statement it would do anything to support the price of oil.

The market:
  • Dow futures: up 105 points
  • Tesla, pre-market: down 2%; down $6.70
  • XLNX, pre-market: up another 1.32%; up about $.162
  • UNP, pre-market: up another 1.10%; up about $.182
  • AAPL, pre-market: up 0.47%; up about 86 cents
  • RDS-B, pre-market: flat to up slightly
  • CVX pre-market: flat ot down slightly
  • COP, pre-market: --

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