Politics: how I learned to stop worrying and love the Dems --
- nothing has so united the GOP as this farce
- across the board -- never-Trumper GOP reps are furious
- even some Dems are getting cold feet
- remember: most important to Pelosi: bipartisan vote, meaning at least one Republican would vote for impeachment; that may not happen; some Dems may actually vote against impeachment
- cathartic: this is really, really needed -- once and for all these attempts to get rid of a duly-elected president might come to an end; nah. But it's sort of like the last bit of ammo for the Trump haters; by Valentine's Day it's all history; Nadler's last stand;
- it certainly lessens the stain of impeachment going forward; won't mean much going forward for future presidents; red badge of courage;
- once this is all over, his Dem opponent will keep saying that President Trump was impeached; much of American will think the Dem opponent is "crazy." They will say Trump was not impeached; a lot of folks don't understand concept of impeachment
- at worse: "Hey, the president was impeached." "Yeah, and found not guilty. Just like Bill Clinton."
Futures:
- WTI: trending toward $60
- Dow: could open up 100 points
- all three major indices could hit all-time highs
- no one ever seems to talk about the Russell 2000: yesterday's close -- 1,632; 52-week range, 1,654
- AAPL: pre-market trading, up another half a percent; up $1.52; could open near $273
- TSLA: could also open up another $2.62; up 0.73%; trading near $362; Jim Cramer has pretty much said, "go all in" -- that was my takeaway when I saw him "live" (on CNBC) two nights ago
Continuing:
- EW: up another dollar
- OXY: up 16 cents but still well below $40; and way below $64 where it was just before announcing the Anadarko deal (if I recall correctly)
- CVX: up very, very slightly, but nice to see
I had a leisurely conversation with my Schwab broker yesterday, VP-Financial Consultant; talked about a lot of things; forgot to ask about "Robinhood" and fractional shares. Apparently Schwab will also offer that -- fractional shares. Possibly limiting it to certain stocks. But get this, link here:
Robinhood will allow customers to buy as little as one millionth of a share, with purchases rounded to the nearest penny.One millionth of a share:
BRK-A: $338,800 / share
- 0.1 share: one-tenth
- 0.01 share: one-hundredth
- 0.001 share: one-thousandth
- 0.0001: one-ten-thousandth
- 0.00001: one-hundred-thousandth
- 0.000001: one-millionth
one-millionth of a share: 34 cents
one-ten-thousandth of a share: $34
Of course there's little reason to buy BRK-A when "B" is available. But Amazon, others.
Disclaimer: I often make simple arithmetic errors.Gold: in the "old" days I would buy one-ounce gold bullion. Now, one can buy 1/10th ounce at a time.
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