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Tuesday, May 22, 2018

The Market, Energy, And Political Page -- T+14 -- May 22, 2018

Ho-hum. API -- US crude oil inventories decline by 1.3 million bbls; forecast for a decrease of 2.8 million bbls.

Say what? This pretty much ends the facade that Tesla was ever going to be a car for the masses. Link here. Tesla's $35,000 Model 3 could now cost $78,000 -- Bloomberg. TSLA shares, down 3.33% today. TSLA shares should be up well over 15% tomorrow based on this analysis. LOL.

The NBA sports page: I've now watched most of the NBA conference final games. I know very, very little about NBA basketball; I seldom watch it. But having seen these four teams, the Cleveland Cavaliers seem like the best team. Three of the four teams -- Houston, Golden State, Boston look like typical NBA teams. Cleveland looks like a team that wants to win. Or at least it has the franchise player that wants to win.

The sports page: for the NHL, we're in a holding pattern right now. Waiting for the final conference game (Capitals vs Lightning) before we get to the Stanley Cup championship.

Barbara Ann, The Regents

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