The Mid-Day Report -- The Market Edition -- March 10, 2021

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.

For archives only; no recommendations.

First group:

• 10-Year Treasury: link here.  Down two basis points, 1.521%.
  
• DXY: link here. Down slightly, 91.83.
  
• Silver: link  here. Up slightly, but off recent highs. $26.285.
  
• CBOE volatility index: link here. Down 5.12%; now at 22.8.
  

Second group:

• 30-Year Treasury: link here. Down slightly, at 2.246%.

$1.9 trillion stimulus bill signed by the president, although he may not remember.

Markets:

• Dow hits another all-time high
• in the news: BRK-B and Warren Buffett

Buffett: net worth reaches $100 billion.

QCOM: dividend increase by 5%; from 65 cents to 68 cents. Street sees 34% upside.

Chase Pay: JPMorgan ends Chase Pay; recommends customers transfer Chase cards to PayPal.

Inflation? Nope. Link here. No inflation unless ....  Stay away from these four and you won't see any inflation:

• gasoline; diesel; and propane;
  
• food;
• medicine;
• a new house;

Crisis at the southern border? Nope, if you don't look for it. Yesterday, I looked specifically to see if the LA Times reported any story from the southern border. None. So, apparently it's just a Fox News story. I have no dog in that fight.

Gasoline inventory, link here, under President Biden -- in less than 100 days -- quite a feat ...

Oil closes higher:

• WTI: up 1.16%; up 74 cents; closed at $64.75
• Brent: up 0.98%; up 66 cents; closed at $68.18
• OPEC basket: closed at $66.38

Most misleading story line ever, from the Biden administration: US natural gas consumption was lower in 2020 in all sectors except electric power. Link here. If not misleading, I have no idea what their point was.

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A Musical Interlude

This is really cool. 

For the past couple of days I've been in one of my John Fogarty / CCR phases, binge watching CCR on YouTube.

Now this, today in The WSJ: John Fogarty on the devil beind CCR's Bad Moon Rising. How the 1969 hit for Creedence Clearwater Revival was inspired by hippie astrology, Elvis and a 1941 movie. Link here.