WTI: wow, down 2.2%;
Midstream:
- ENB: up half a percent; paying just under 6%;
- EPD: flat; paying 6%;
- ETP: profit taking, down 1%; paying almost 12%;
- TransCanada (TRP): up 1%, paying 4.8%;
- KMI: flat; paying 4.4%
- WMB: down about a third percent
- BRK-B: down about a percent
- NOG; was up 5% yesterday, now up another 5% -- astounding, considering
- TSLA: up slightly but should be up a lot more considering it's $8 below $300 -- for this trading stock
- COP: flat -- currently of the majors, it's fun to follow COP, CVX, Shell -- whether or not invested in them
- CVX: flat
- RDS-B: up half a percent
- SHPG: about about a percent
- EW: flat
- XLNX: down about a percent
- S: down a percent
- UNP: up 1.5%; flirting with 52-week high; paying 2%
That 4.1% GDP growth in 2Q18: three words -- oil. gas. boom. Link here.
Recession: everyone's talking about the next recession -- even Jamie Dimon talked about it, yesterday. Said it won't happen in 2019. Could happen in 2020, later. Hellooooo --- it's an open book test ... when we go into a full-fledged recession ... veryone in DC will know exactly when the market will correct. In fact, Mueller probably knows best. In fact, we might know as early as early-November, 2018. Market corrections can occur overnight. Recessions, by definition, I believe, require two consecutive quarters of negative growth.
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