Friday, December 11, 2020

First things first: I can't say for sure but it appeared a small flock of about a dozen Mississippi Kites were flying south, spotted over Grapevine, TX, when I went out to check the weather: light rain; overcast; dreary; not as cold as I expected. 

Breaking: PFE announces an increase in its dividend. From 38 cents to 39 cents quarterly; currently pays about 3.6%. New dividend with record date of 1/29/21, payable 3/5/21.

Breaking: Aramco selling stakes in subsidiaries to raise cash. Link here. Anonymous Bloomberg sources being reported by Julianne Geiger. Looking to sell stakes in Aramco's pipelines for the purpose of raising $10 billion.

Wow, it's already Friday. These weeks certainly seem to go by quickly. 

Periodic table of oil: third edition adds benchmarks, refinery data. Will post at "data links" page. Bakken crude oil is in third column, third row.

Bleeding cash: top US shale gas basin -- the Appalachian -- continues to bleed cash.  Link here. 

South Dakota attorney general hit-and-run, update. We might see "decision on charges" before Christmas. Not holding my breath. Tea leaves: no criminal case; will become civil case, "wrongful death."

Apple: Apple is developing in-house modem that will eventually replace Qualcom chips. Time to sell Qualcom? Hard to talk about stock price of QCOM right now with huge swings in market over past few days. Hopefully we will see clarity after Christmas. Look for a lot of QCOM selling in 2021.

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. 

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Market Opening

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.

Random:

• DIS: up 8%; up $12/share; new all-time high at $167. 
• ENB: down 1.3% 
• EPD: up slightly but essentially flat;  
• OXY-WT: $8.42 
• TSLA: second consecutive day with downgrade; down 1.7% in early trading: 
• ABNB: holding its gains; up 2.6% today; 
• DASH: profit-taking; down 4% in early trading 
• WTI: flat at $46.74;