Monday, September 10, 2018

The Market, Energy, And Political Page, T+29 -- September 10, 2018

The #1 movie in town: the Chinese trade war with the US is just beginning.

The movie I'm watching:
  • Dow could ...
PTI.

Disclaimer: this is not an investment site. Do not make any investment, financial, job, travel, or relationship decisions based on anything you read here or think you may have read here.

Sorry about that.

The movie I'm watching:
  • the Dow, irrelevant, is poised to open up 100 points today
  • relevant: two of the other three major indices are up; Russell 2000 is slightly negative
  • Moonves is out
  • CBS: it closed "up" on Friday (movers and shakers saw it coming); up again today
  • TSLA: up nicely
  • BABA: down a bit
  • AAPL: after recent retreat, up again today; off its highs
  • XLNX: trading in the pre-market; rare; up about 0.7%
  • CVX: coming off its recent lows; up slightly
  • XOM: ditto
  • BRK-B: ditto
  • Kavanaugh to be confirmed, Thursday, September 20, 11:43 p.m. ET (maybe)
First nations: link here -- note the Nisku --

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The Cult Movement

Yesterday I wrote this:
The current "panic" over global warming has all the markings of superstition. It's surprising that great minds like Stephen Hawking don't recognize that.
Now this, a link sent to me by a reader, "global warming is a cult movement and 'pure belief' disguised as science." -- Dr Will Happer of Princeton University.

Princeton -- where Einstein taught.
"The world has lots and lots of problems, but increasing CO2 is not one of the problems. So [the accord] dignifies it by getting all these yahoos who don't know a damn thing about climate saying, 'This is a problem, and we're going to solve it.' All this virtue signaling. You can read about it in the Bible: Pharisees and hypocrites and phonies."
 ‘CO2 is not a pollutant and it is not a poison and we should not corrupt the English language by depriving ‘pollutant’ and ‘poison’ of their original meaning’.
Pharisees and hypocrites and phonies.

Hemingway would have wordsmithed that to: "pharisees, phonies, and fools."

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Meanwhile, In Libya

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