Tuesday, November 24, 2020

Notes From All Over -- The Early Evening Edition -- November 24, 2020

First things first. Futures don't mean anythings but after a 700-jump over two days, what do futures show this evening?

  • Dow: up another 100 points; later: up 133 points;
  • NASDAQ: up another 65 points; later: up 72 points;
  • S&P 500: up another 15 points; later, up 17 points;

US savings rates soaring; multiple sources; here's one --

  • folks not traveling; saving on air fare
  • folks not dining out;
  • parents of college students saving on room and board, as students stay at home;
  • New York white collar workers working from home; instead of an expensive lunch downtown, getting by on a frozen burrito from their freezer (me? I prefer tuna fish on white bread)

Buffett's company buybacks: what it means, Investopedia;

Investing in Disney: update, Investopedia;

AAPL:

Mark Perry: giving thanks for the magic of the marketplace, the invisible hand of strangers, and no turkey czars. 

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