Friday, April 23, 2021

Is This The End Of The DAPL? -- April 23, 2021

Link here.

I doubt the US Supreme Court wants to wade into this mess. 

If I understand this correctly, nothing has really changed. The court simply maintained the status quo: it is still up to "the judge" to determine whether the DAPL can remain open during the environmental review that will continue through 2022. 

I could be wrong, but that's how I'm reading it. More to follow, I'm sure.

Immediately following the news, the face of the Bakken, CLR:

  • up 1.62%; up 41 cents trading at $25.72.

But, than again, WTI is up about 0.65% today.

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The US Market

I don't think I've seen anything like in the recent past. 

  • Dow: up almost 300 points
  • S&P 500: up 54 points
  • NASDAQ: up 233 points
  • Russell: up 45 points

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.

The stocks that shocked today:

  • AAPL: up 2.3%; up $3.01/share; trading at $135 
  • BRK-B: up 1%; up $2.32/share; trading at $272 
  • UNP: up 2.4%; up $5.31; trading at $223
  • KMI: up 2.23%; up 36 cents; trading at $16.73
  • OKE: up slightly; trading at $50
  • EPD: up 1.1%; up 26 cents; trading at $23.27
  • ENB: up slightly; trading at $37.03 
  • DFS: up 3.24%; up $3.23; trading at $102.75 
  • AMD: up 5.2%; up $4.11; trading at $83 
  • XLNX: up 5.6%; up $6.82; trading at $130
  • MRNL: up 1.4%; up 22 cents; trading at $16
  • EOG: up 1.4%; up almost a buck; trading at $70
  • WMT: up slightly; trading near $140
  • PFE: up slightly; trading at $38.69;
  • MRK: flat; trading at $78
  • BK: up 2.2%; up a buck; trading at $47.58

2 comments:

  1. I'm speculating, but I continue to get the impression Biden admin is doing a tepid defense. Trying to get the court to squash DAPL but blame it on them, not the admin. Thus the meager efforts made.

    ReplyDelete
    Replies
    1. I sure hope you are right. A lot of livelihoods depend on the DAPL.

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