Reminder: September Is The Worst Month For Investors -- CNBC Talking Heads And Others Last Week -- Market Up Almost 200 Points In Early Trading -- The Market And Energy Page, T+234 -- September 11, 2017 -- The Trump Rally Continues

Disclaimer: the usual disclaimer applies.

NYSE:

• new highs -- 165, including -- CenterPoint Energy; Coca-Cola (owned a long time ago); McDonalds (I've never owned; never will); SRE (whoo-hoo); Steris (owned a long time ago)
• new lows: 9 

The month is not yet over. Do you remember all those stories just a week or so ago "reminding" us that September was always the worst month for investments.

Today, a crawler on CNBC says that the Dow is one percent (1%) away from its record intra-day high. The Dow is up almost 200 points, the Nasdaq is up 55 points; the S&P is up 17 points.

• 52-week high: 22,179.11
• at mid-day: 22,027.36

No government shut down. Debt limit raised. Money flowing to Texas post-Hurricane Harvey. Alt-right president making deals with alt-left president. I wonder what Alexander Hamilton would advise current Secretary of the Treasury?

Later: S&P 500 closes at an all-time time. 

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Warm Heart

From inc.com:

The company says that a Tesla owner in a mandatory evacuation zone required another ~30 more miles of range to optimize his evacuation route in the traffic and they reached out to Tesla who agreed to a temporary access to the full 75 kWh of energy in the battery pack, an upgrade that has cost between $4,500 and $9,000 depending on the model and time of upgrade.

Considering the 15 kWh (30 to 40 additional miles) could also be useful to other owners affected by Irma, Tesla decided to also temporarily unlock other vehicles with the same software-lock battery packs in the region.

An upgrade to get an extra 35 miles for $9,000. Am I missing something here?

An extra 35 miles gets this much press? For one owner? It was one of the top ten finance stories over at Google Finance over the weekend and into today. Certainly there must be more going on. 

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What, Me Worry?

China and EVs: Chinese investors shrug off Chinese talk about banning conventional gasoline automobile engines -- Bloomberg. 

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What Goes Up, Must Come Down

US Solar bracing for first decline as demand for rooftop solar drops -- Bloomberg. This about says it all:

• residential installations slipped 17% in second quarter 
• industry sees two down years, and that’s without panel tariffs

By the way, at another site it was suggested that the amount of rooftop solar energy that was added in 2016 was huge -- 8% greater than the year before. I thought the story sounded a bit fishy -- I was going to post it and say that 8% of zero was still zero, but decided not to post that. Now from that linked Bloomberg article:

Developers added a total of almost 2.4 gigawatts in the second quarter, putting the industry on pace to reach 12.4 gigawatts this year.

That’s down about 17 percent from a record 2016, and the research company expects another decline in 2018.

As I've said many, many times, the rooftop solar energy fad seems just like the aluminum siding fad I saw in North Dakota when I was growing up there many decades ago.