Monday, Monday -- August 25, 2014; Market Hits New High

As the numbers are posted, the previous post will be updated -- all the wells coming off confidential list today, but while waiting for them, need to move on.

I see the sun breaking through -- looks like it might be a very, very nice day here in the Bakken. I just received two more restaurant recommendations in the area: the Japanese restaurant up the hill, around the corner from Buffalo Wings. My sister took the family out to this restaurant a few weeks ago; raved about it. I will have to take my dad. The other one is Teddy's in Watford City. Again, these are just two of more than a dozen wonderful new restaurants (and old restaurants).

However, if you want the best traditional breakfast in the Bakken, it might be hard to beat the Country Cafe in Alexander. My dad wanted to visit the cafe yesterday; which we did. Wonderful breakfast at 12:00 noon; I don't know how long they serve breakfast, but at least through the noon hour. This is the real deal.

By the way, speaking of Alexander. The bypass around the city is coming along nicely; the north point is about a mile north of the city; it's going to be a nice, gentle curve to the west as you go south. It appears to parallel the city about a mile or so to the west. We couldn't locate where it will end up, but it appears it will be a full three miles south of the city -- which means it must be hooking up on the Sather Road somehow. It will be interesting to see how that sweeping turn at the Sather Road interchange will change. 

The Wall Street Journal

Lead story -- Islamic State captures air base in Syria.

Next story -- presssure builds on Obama to act.

Burger King in talks to buy Tim Hortons. Why is this important? It would allow Burger King to headquarter in Canada -- huge tax savings -- reported by CNBC earlier today.

This is an interesting story: teens need later start to school day, doctors say. Okay.  

Millennials lose taste for McDonald's.

I thought they were already retired. Wow, great story. Air Force wants to retire warthogs -- the A-10s.

Apple's next act for the iPad. Sales have been falling for Apple's pioneering tablet, but the iPad still plays an important role. The biggest problem for Apple and the iPad: they are too good; they last too long; they don't become obsolete fast enough.

The Los Angeles Times

Lead story: Napa Valley earthquake. No fracking connection, as far as I know.

Emmys: tonight. "Aw jeez, 'Fargo' snags 18 nominations, sets FX record.  Requires subscription or payment. But you can see the headline.

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Seven companies with increased dividend announcements including WMB (from 42.5 cents to 56 cents, and now paying 3.8%); Altria (paying almost 5%).

Trading at new 52-week highs today: AAPL, DIS, EEQ, EPD, NFLX, PSX, RAIL, WPX.

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Greeting Card Sweatshop

The quota is 500 greeting cards per day. No lunch or dinner until at least 350 cards are made. 

Just joking.

But this is not a joke: AAPL is now worth $100 billion more than GE and Wal-Mart combined.