Closing Out The Day -- July 22, 2019

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HAL jumped 9% today after announcing earnings.

SDI. Coincidental to the earlier post/announcement, SDI reported earnings today. The company missed earnings expectations, $0.87 vs $0.89. Shares were up slightly, perhaps better said, flat, but the fact that shares "held," suggests to me a) folks knew the whisper number was closer ot $0.86; and/or, b) guidance was great.

Nucor: for investors, this name keeps popping up.

Futures: up slightly. Is there still some doubt about the budget deal? One week away, is there doubt about "Fed" rate cut. I'm not convinced the Fed will cut rates. If it does, a quarter point and the last cut this year? Later, this from zerohedge:

And, later, also from zerohedge:

Hmmmm! If this is accurate, it speaks volumes about the ability of the White House to "turn on a dime," to coin a phrase. A baggie of fentanyl is generally about 1/10th of a gram. The individual of interest was caught with 1,500 grams, which would yield about 15,000 doses on the street. Wholesale fentanyl runs about $6,000/kg; retail Fentanyl runs about $1.6 million/kg. Source. Obviously, prices vary considerably. New Hampshire has been particularly hard hit by opioid abuse, apparently #1 among US states for fentanyl-related deaths.

Sam Snead: 82; said  he should have been credited with 89. Tiger Woods, 81; Golf Digest says he should be credited with 95. Fight's on. Tiger Woods is 43 years old. Easily has ten more years if he can bear the pain. He can minimize the number of tournaments he plays but the PGA requires minimum number of starts each year. It appears there are only six more PGA tournaments this year.

No glass ceiling. Link here.