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Tuesday, September 25, 2018

The Market, Energy, And Political Page, T+43 -- September 25, 2018

Futures: so the market had a huge downturn yesterday -- the Dow (irrelevant) was down 180 (?) points. I assume it was all gloom and doom on CNBC yesterday. I saw about ten minutes. Big story: China trade war. Today, three major indices green. Including the Dow (irrelevant) up 80 points in pre-market trading. The S&P 500 is up over 7 points and "trading" at 2,924.

WTI: in pre-market trading, up a half a percent, $72.38.

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

Anything moving?
  • CVX: melting up. Up about a third of a percent, at $123.05. One year target: $146.11. If we see that, Sophia will get two new pair of shoes this Christmas. And a new Lincoln Logs set.
  • RDS-b: up almost 2% today; it had fallen quite a bit the last six months, so this is not a big deal
  • EW: jumped $11.79 yesterday; up almost 8% yesterday; holding gains today; not a big deal; EW was down quite a bit this past month or so; now back to what it was
  • the utilities: all struggling
  • T: melting up; but oh, so slow
  • XLNX: near it's 52-week high yesterday; not trading yet today
  • UNP: down yesterday; not trading yet today
  • AAPL: I completely missed this -- up $4 yesterday, back to $220.79, and it looks like it will hold those gains today, at least at the open
  • HES: will blow through its 52-week high
  • OAS: the sleeper stock in the Bakken?
  • DNR: huge day yesterday; will hold those gains today
Keystone XL: for what it's worth -- TransCanada says it is ready to start construction (again) next year now that the US State Department has given the environmental okay. I wouldn't hold my breath -- I don't think Nebraska has signed on yet. Mule deer have shown up early at the Gascoyne, ND, staging area, to start protesting the pipeline.

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