Notes From All Over, Part 1 -- December 12, 2019

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.

Are you kidding me? The Dow is up almost 300 points. Where did that come from? I have no idea. Possibilities: news out of China? The craziness in DC? USMCA? [Later, sitting in Schwab, watching CNBC  -- there it is -- US negotiators offer to cut existing tariffs -- that's a twofer -- not only not add new tariffs, but cut current tariffs. At least that's how I'm reading the television crawler.]

Busy, busy, busy. What a miserable day to have an appointment with my Schwab broker. LOL. Simply to make a deposit. I would rather be blogging. I would rather be watching the naysayers on CNBC. More on this later.

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.

Buffett: that $130 billion in cash is looking more and more foolish every day.

Deficits don't matter. Debt doesn't matter. Japan's debt: 235% of GDP. Greek debt: 180% of GDP. US debt, 103% of GDP. Not sure about those.

Jobs: the Fed was/is unable to explain where all the folks are coming from. We've discussed this before.

Recession right around the corner: there it is -- a survey of US CFO's -- consensus -- a recession in 2020. Okay. 

Market:

• AAPL:  new all-time high; up another dollar; trending toward $272; hit an intra-day high of $272.55;
• D: down slightly;
• SRE: down a half a percent; a trend? let's check MDU and BKH --
• MDU: up a quarter; I hold no MDU but that was going to be my next purchase but then I went elsewhere;
• BKH: up half a percent; long-time holder;
• PCAR: up 1.5%; LOL;
• TSLA: up $7; up 2% after Jim Cramer goes all in; he as much told his viewers last night, "Back up the truck; bet the farm on TSLA." If I remember, I'll talk about this later, but too much going on today to talk about it nw
• T: up a percent; wow; 
• Hess: up 2.45%; up $1.51
• OKE: up 1%
• ENB: down a dime; down 0.2%;
• EPD: up over 1.5%; paying 6.51%; 
• UNP: up a percent; up $1.60; trading over $176
• BRK-B: up $2.45; up over one percent; trading at $225
• OXY: up over 2%

WTI: trending toward $60;