Monday, November 25, 2019

Notes From All Over, Part 1 -- November 25, 2019

The next big thing: shortly after I started the blog, I added a site, "the next big thing." It's been fun but it's been awhile since I've added a real game changer as the "next big thing": a partnership between Enterprise and Ford EV. No, don't go looking for that. It's nothing more than a thought, a suggestion, a gleam in my eye.

Sports. Hey, how 'bout them Cowboys? As I suggested on the blog sometime ago, this will be Jason Garrett's last season coaching the Dallas team. Wow, I've never heard a more direct answer to a question than the one Jerry Jones gave when asked about Jason Garrett's future with the Cowboys.

Biggest business news story of last week: Schwab to acquire TD Ameritrade. Previously posted. I don't think we've even begun to hear / see all the ramifications.

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

Politics: Bloomberg enters the race. Who is most vulnerable? Biden. Bloomberg will skip Iowa, New Hampshire. First primary: South Carolina and then Nevada. Good luck with that.

Second thought: remember smart phone maps/vocal directions when they first came out. Every time you missed a turn, that incessant, annoying "Recalculating. Recalculating. Recalculating."
Well, that's exactly what Hillary is doing now. Bloomberg jumping into the race really, really screwed things up for her. It would seem there would be no overlap between Bloomberg and Hillary, and folks will disagree with me, but if nothing else, his announcement forces Hillary to recalculate. First question to prove my point: imagine Bloomberg and Hillary each have a town hall meeting in same small midwest town on the same night. Who has the bigger crowd? Okay, forget the size of the crowd? Which individual gets most media interest/coverage right now. Who spends time campaigning? Who spends time raising money? NYC: Trump, Hillary, now Bloomberg.
More politics: no link, but easily found:
Fundraising has explosed for the GOP, with the RNC reporting it hauled in $25.3 million during October, 2019, and had $61.4 million in the hopper at month's end. In contrast, the DNC brought in a mere $9 million. At the end of last month, October, 2019, the DNC was $7 million in debt and had only $8.7 million in the kitty. 
The market:
  • big day in early trading
    • AAPL: wow, who wudda thought? Up $3.56; up 1.33%; trading at $265.27 -- but still below its all-time high, $268
    • UNP: same thing, who wudda thought? With recession right around the corner -- Janet Yellen -- who wudda thought UNP would be up $2.67, up 1.52% today. Trading at $178.61, but still below its all-time high of 180.54
    • EW: up $3.59; up 1.49%; trading at $244.40; still below its 52-week high of 247.64
  • I'm going to quit while I'm ahead. LOL.
  • Is anyone hitting new 52-week highs? Let's take a look, from last Friday, previous trading day:
    • Dominion Energy
    • GE
    • Humana
    • JPMorgan
    • Restoration Hardware
    • Tiffany & Co.
  • New lows? 
    • Basic Energy Services Inc: haven't seen this in a long, long time. It must have been six years ago when I briefly invested in Basic Energy Services (I don't even recall their ticker symbol)
  • only ten -- only ten -- listings that hit few 52-week lows -- yes, I know -- recession is right around the corner
Off the net for awhile. 

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