AMZN: Up 12% / Up $216 After Hours -- January 30, 2020

First things first, from The Wall Street Journal -- under President Trump, life expectancy rises in US for first time in four years. Why? Lower mortality from cancer (despite Obamacare), accidents and unintentional injuries; drug overdose deaths fell 4%.

First things first: stalled $1 billion natural gas pipeline gets backing from top US regulator. Bloomberg via Yahoo!Finance.

• PennEast vs New Jersey
• Enbridge Inc. and Southern Co 
• but still facing US Supreme Court; on "life support" 

Wow, I wasn't going to look at the market for another week or so, but when I heard through the grapevine that the market turned a 200-point loss to a 100-point gain by the end of the day, I was curious.

This speaks volumes about global current events.

First, how did WTI do? Fell 35 cents; now trading below $53. OPEC in a panic. Whatever.

Now the market.

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Ones that interest me today (I hold some of these; some I don't):

• AAPL: flat; flirting with all-time highs.
• D: new intra-day high.
• SRE: new intra-day high.
• BKH: up 57 cents; flirting with all-time highs.
• EW: this is the reason I posted this note. Up as much as $12 after-hours after earnings report; flirting with all-time highs.
• I won't look at oil operators. Too depressing. LOL.
• ENB: up 13 cents; intra-day high; paying almost 6%.
• OKE: up 53 cents; flirting with new highs.
• EPD: down 3% during the day; pays 6.52%.
• XLNX: down 86 cents; up a bit after hours.
• BAX: up a bit during the day.
• IMUX: at $8.35; up four cents during the day
• AMZN: up $216 after hours; up 12% after hours.

AMZN: earlier today there was an article suggesting AMZN was in trouble due to high shipping costs. Okay.

SecCommerce: coronoavirus will bring manufacturing back to the US. Yup.

AAPL: comments at MacRumors article, "Apple matched or surpassed Samsung for smartphone shipments in 4Q19 (or 1Q20 for AAPL):

• so Samsung's phone business increased 67% to $2b while Apple's phone business brought in $56b. Sold similar numbers of phones... but Apple sales value is 28x higher??? (others questioned the validity of that comment, and rightly so)
• comparing unit sales is complete nonsense when you don’t sell $50 phones (excellent observation)
• Not to mention the "is a shipment a sale?" question. (this dude is really living under a rock?)

AAPL: in the midst of a bullish "perfect storm" and nothing likely to change in the near future.