TGIF -- The Music Edition -- Just A Matter Of Time -- July 17, 2020

Just a matter of time: I knew it was just a matter of time. Bubba goes ballistic. Plays the "race" card. Payback is hell. Story (and video) was on the internet yesterday; on sports TV this morning. Bristol Motor Speedway. Eliminated from All-Star Race. Wrecked after initiating the sequence that led up to the hook-up. Hey, it's racing.

All-Star Race: Chase Elliott won, first career all-star win. Looked like a nice crowd on hand. First time All-Star Race on short track.

Next up: Saturday, 5:00 p.m. CDT, Texas Motor Speedway.



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Here we go:

• SRE to use Bloom Energy fuel cells.
• BlackRock profit beats Street estimates. Profit jumps 21% on fixed-income boost.
• Market finally notices: retail sales jump 7.5% in June, 2020. Excluding gasoline, US retail sales have come all the way back ot pre-pandemic trendline growth.
• Retail investors napping up stocks amid coronavirus volatility: Charles Schwab. Google for link.
• Tea leaves: crude oil glut to continue; demand destruction to worsen.
• Analyst: Amazon will beat 2Q20 earnings estimate. Calls for revenue of $81.3 billion, a 28% year-over-year increase and above the high end of Amazon's guidance of between $75 billion and $81 billion. The estimate is 0.8% above consensus. 
• US housing starts accelerate in June, 2020
• Dow: pre-market up 120 points; early morning trade, down 50 points. 

Reasons To Quit, And No Reason To Quit, Merle and Willie, 1983, by Merle Haggard