Disclaimer: this is not an investment site.
So, how's the market doing today?
- Dow: down about 46 points; other indices also in the red; NASDAQ down 1%
- WTI: drops back below $70, but still up 1.86% for the day
- CVX: up 1.31%
- COP: up 1.26% -- I still highly recommend folks read the most recent COP earnings transcript to learn more about the Bakken;
- OAS: up 1.85%, but off it's recent highs
NOG: up an astounding 4.46%, now trading near $3.40
- SRE: flat;
- Chesapeake: surges after announcement to sell assets in the Utica;
- AAPL: down about a percent; going into tomorrow when earnings reported after-hours;
TSLA: well below $300 -- the threshold at which traders get back into this trading stock; now, below $290 and it continues to drop; now down about 3%; volume? way down; traders waiting? certainly reminiscent of share price action, March - April, 2018; one wonders if the June, 2017, peak was "too far, too fast"? trading range since then, but recent trend concerning for those with large positions in TSLA
What else? How are the pipelines doing? Most of which I've lost interest in.
- ENB: up a percent; paying just under 6%;
- EPD: down a percent and a half; paying 6%;
- ETP: up 1.3%; paying almost 12%;
- TransCanada (TRP): flat, paying 4.8%;
- KMI: down about 3/4th percent; paying 4.4%
- WMB: up 1.6%; paying almost 5%; enters the DJ, exits the Four Corners Area;
- BRK-B: up about half a percent
- UNP: up about a quarter percent
- CAT: up 1.3%
- DE: down a quarter percent; well off it's 52-week high; a buying opportunity? a P/E of 25;
Watch: CBS -- we've seen this movie so many times, it's an open-book test.
10-year bond: under 3% but just barely
TSLA bonds: just bounced off "threshold" of "88"
Speaking of Casualties: Netflix In Free Fall
A reader spotted this some weeks ago.
Disclaimer: cause and effect has not been proved.
Netflix announces that former-President Obama has signed with the network.
Netflix is now in free fall.