April 23, 2019, T+11, Part 1 -- NOG Added Almost 5% Yesterday; Up Another 4% In Pre-Market Trading -- Completely Unexpected Following Yesterday's News

Still lurking: Occidental wanted Anadarko until talks cut short by Chevron bid.

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.

Fitzsimmons: reminder. In case you missed it, read "COP vs EOG" from yesterday.

Market, pre-market trading:

• WTI: $66
• Tesla reports tomorrow; loss expected; MuskMelon talking robots
• TSLA fell more than $10 yesterday; down another $3.20 today
• Anadarko: up 44 cents; about 0.7%
• Apache: up 3.4% yesterday; up about half a percent this morning;
• CVX: down 3 cents; at $121.87;
• EOG: after closing up $3.20 yesterday, up another half a percent today;
• COP: up fourteen cents pre-market 
• OXY: gained 2% yesterday; n/d yet today
• UNP: after gaining another $1.06 yesterday, up 6 cents today;
• JAG: up 28 cents yesterday or about 2.6%; n/d yet today
• NOG: up 12 cents yesterday (almost 5%); now adding another 10 cents (3.7%) in pre-market trading; really, really surprising considering news yesterday; in round numbers, WLL, 100,000 boepd; NOG, 40,000 boepd? I'm sure I'm under-reporting WLL and over-reporting NOG, but I may not be far off; 
• WLL: trading at $30; a $2.7 billion market cap; NOG, a $1 billion market cap;

Earth Day: I'm sure it was a big day on college campuses around the US yesterday, but, wow, I didn't see a thing / read anything about Earth Day. I know the Japanese restaurant we went to yesterday made sure we had enough straws for our water.

Exactly my thoughts: Elizabeth Warren $640 billion plan to wipe out all student debt.

Let's just start with a cut in the interest rate on student loans. Cut the rate from 6% to 5% or go all the way to zero.

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WSJ Headlines

From the newspaper today:

• VP Pence: has not released any tax returns since becoming VP; OMG
• Syria facing worsening fuel shortage; didn't see that coming;
• Screen time
• two serious foreign policy problems are taking shape: Iran, North Korea
• confidence over retirement finances hits all-time highs (would we have seen this headline under a Hillary presidency?)
• op-ed: the Democrats' debate debacle  (the DNC Fox News ban on debates is the wild card; Dem candidates needed a "safe space" -- and Fox News was not "it")
• Harley Davidson's sales weaken
• Musk Melon, pulls new demand lever -- robotic taxes by next year -- investors aren't falling for charade
• China's banks are running out of dollars (we talked about this, maybe a year ago?)
• Cain drops bid for Fed board seat
• measles cases in US continue to climb
• and this will get the NoDaks excited: it's April in Houston, must be curling season

That's how slow the news is today. 

Welcome to my life with Sophia:

The bigger "story": Sophia competing with me for use of my computer. LOL. And she resets the settings.