The Market And Energy Page, T+289 -- November 6, 2017

Tesla watch: wow, wow, wow. Buried in the news today -- Tesla's head of battery engineering exits. Wow, wow, wow.  Not aware that it was mentioned on CNBC -- didn't hear it mentioned on "Fast Money" or "Mad Money."

Market: all three major indices hit new records, albeit, not by much. New highs on the NYSE, 159, including -- Deere; McDonalds; Royal Dutch Shell; Statoil; Total.

• CVX did not hit a new high but apparently one of the leaders on the Dow
• 48 new lows

Red Robin Gourmet -- looks like their bottomless French Fries have morphed into their shares -- bottomless -- shares dropped about $12 today to settle around $55. Oh, oh. After hours, down %14.65 to $51.35. Earnings.

Does anyone remember California Resources? Shares spiked 18% despite reporting a huge loss and paying no dividend. Hope springs eternal.

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Former VP Of Technology At MRO Appointed To Lead The US EIA

Full article:

US President Donald Trump has nominated Linda A. Capuano, currently a fellow at Rice University’s Baker Institute for Public Policy’s Center for Energy Studies, to lead the US Energy Information Administration. 

Capuano’s previous experience includes working as vice-president of technology at Marathon Oil Corp. in Houston from 2008 to 2013, the White House said.

Something tells me we're going to see fewer meaningless tweets about wind and solar energy. At least hope so.

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There Seems To Be A Trend Developing

This is a fairly steep curve (graphic below), but it's not the steepest curve in the historical price of oil.

But I think John Kemp is noticing a trend here:

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Apple Product Availability

Incredible technology.

Link here.

At the link, on the right side, zoom in to that part of the map where you live or that area that interests you.

Then, go to the left side, and click what Apple product you want.

Stores with that product in-store will pop-up.

Truly amazing.

If serious about getting something, go through the process above and if your item is available, quickly call the store to see if they will hold the product for you.

It was interesting to note that in my area, of the three colors available for the iPhone X, the "gold" is out-of-stock. Both black and silver are still available.

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The Political Page

This seems to be a no-brainer. In wide-ranging tax bill, GOP considers removing the ObamaCare mandate.