The Market, Energy, And Political Page, Part 2, T+48 -- April 17, 2018

Tesla: two days in a row, the market surges; up 200+ points each day and yet TSLA slumping. Twitter is afire regarding TSLA and Tesla. TSLA is down another 2.7% in early trading. Past five days, down from $305 to $283. Some very, very big analysts now predict a share price of $84 -- it's my understanding that most analysts, when they talk about their price target -- they are talking about a one-year target. A fascinating, fascinating story to watch. Bloomberg headline today: Tesla 3 production skids to a halt. Robots to blame for Tesla 3 production problems. If so, that's not an easy problem to fix.

Bird shit. Anyone following the energy story for the past nine years -- starting with the seven dead ducks in an oil pit in North Dakota and ending with Obama declaring open season on eagles and whooping cranes (wind turbines) -- knows this Washington Post story is "bird shit." And "bat shit" for that matter. I'm not going to post any excerpts: everyone has their own "world myth" regarding "bird kills" and as a story, it's no longer a story. The faux environmentalists showed their true "colors" on this issue when they looked the other way with regard to bird kills and wind power. As President Trump would say, "Sad!"

Disclaimer: yada, yada, yada.

To infinity and beyond: it looks like I missed the bottom. I should have bought shares in GE late yesterday afternoon. GE is surging today -- practically straight up. To infinity and beyond. I assume those folks selling TSLA today are buying GE.

PSX: many, many articles out today regarding PSX. I thought I would see what's going on:

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Tucson

Sophia was looking longingly at the pool. She couldn't wait to get in. That's a "fake face" by the way -- Sophia was having a great time. Her mom was asking her to smile -- and with a four-year-old, you know how that goes.