Iowa: in play. President Trump announces that states -- i.e., Iowa -- will be allowed to put ... well, to make sure I don't mis-state this, cut and paste:
President Donald Trump promised to allow higher-ethanol gasoline to be distributed using existing filling station pumps, a move designed to bolster support among corn farmers and biofuel producers in Iowa and other Midwestern swing states.
Amazon: announces it will hire 100,000 more employees.
Market: after "correction" last Tuesday, September 8, 2020, I said I was not going to look at the market until Tuesday, September 15, 2020, the day of the Apple event.
That would be today. I was pretty sure the market would do quite well in light of the Apple event. I also said that was going to be she shortest "correction" on record. That also turned out to be very, very correct. Market has come back and looks to have a good day today.
I also said that the the "correction" last week occurred the very day AstraZeneca announced a pause in its vaccine-testing program due to an adverse event reported in one patient who had a serious pre-existing neurological condition. The market reversed, surged, on the day that AstraZeneca announced it had resumed its testing program. Coincidences? I think not.
Granted, there was some other reasons: mostly merger announcements, but we get merger announcements all the time. Watching CNBC now. Network continues to ignore state of economy in their own backyard, NYC.
But. Apparently "Feds" and the NIH are "very concerned about the "serious side effect" in the AstraZeneca coronavirus vaccine trial. AstraZeneca's response subdued. Can you say Nikola?
Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.
Speaking of Nikola: fake video quite remarkable.
Boom? US railroad traffic posts first annual jump since the start of 2020. Link here.
Brent just spiked? Over at Twitter. All the way to $40.25, Brent.
Drones: Walmart has teamed up with Flytex. Link to oilprice. The article looks like a "re-print" of an earlier article from a different source, but the Walmart-Flytex hook-up seems new. See this post from August 31, 2020 with new alliances added:
- Wing Aviation: Alphabet / Google (Bloomberg says Wing Aviation, LLC, was the first to get FAA approval for these drones; Walgreens - Fedex, one town in Virginia; pilot program (or should we say, "pilotless pilot program";
- UPS Flight Forward (link here): CVS hook-up to operate delivery drones at university, hospital and corporate campuses;
- Prime Air: Amazon; goal -- 30-minute delivery (yes, I hate waiting all day for the gel pens I ordered this morning for Sophia; ordered at 0930; will arrive sometime later today;
- Walmart-Flytex: testing phase, Lafayetteville, North Carolina
- Uber: announced food-delivery drones for next year (2021); test program in San Diego;
The Sports Page
I watched a few minutes of the two NFL games last night, mostly end of 2nd quarter, beginning of third quarter of each game. I think with "fake sound track" folks forget these stadiums are empty. Without the fans, these games seem to be nothing more than televised scrimmages. Hard to take seriously. The ESPN announcers were atrocious. I've already forgotten the lineup. Having said that, big kudos to the players that actually willing to play despite Covid-19.
How desperate is the NFL for viewers? Giving it away for free. From Yahoo!Sports:
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It’s the fastest way to access the latest sports scores, stats and highlights on your favorite teams and leagues. With NBA, NFL, NHL, NCAA, MLB, MLS and more, Yahoo Sports keeps you updated on all the football, basketball, baseball, and soccer action happening right now.
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