Thursday, May 6, 2021

Notes From All Over -- The Late Market Edition -- May 6, 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

Dow: hit new all-time intra-day highs and will most likely close at an all-time high, again, two days in a row. [At the close, it was close but all four major indices were positive at the end of trading today. The NASDAQ and Russell 2,000 finally went green in the last few minutes.]

But look at this: BRK-B up almost $6/share -- trading like a tech stock. LOL. Up over 2% and trading at $288.50. BRK-B hit an intra-day high of $290.00; and closed at an all-time closing high of $289.71.

Pipelines:

  • KMI: up slightly;
  • ENB: down slightly;
  • EPD: down slightly;
  • ET: up 1.4%

Majors:

  • CVX: flat; slightly negative, if anything:
  • COP: flat; slightly negative,
  • XOM: exception; up 0.65%

Others:

  • MNRL: flat, slightly negative;
  • RECAF: up almost 3% after a pretty amazing run already;

Miscellaneous:

  • UNP: up 1.36%; up $3.11/share; trading at $226.74


TSLA:

  • melting down over the past few days. Regulatory credits becoming less valuable? Tracking bitcoin?

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

ROKU:

  • has had a huge "overshoot" -- CNBC
  • dropping significantly over past two days
  • CNBC "talking head" in ATT rather than Roku -- interesting

Market at the close:

  • Dow: now over 300 points at the close;
  • NASDAQ: turns positive / black at the very end of the trading day after being red all day
  • S&P 500: up 31 points -- the 10:1 ratio holds;


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