Tuesday, September 7, 2021

Notes From All Over -- Part 2 -- September 7, 2021

Updates

Apple: just announces September 14, 2021, launch day. AAPL is up almost $2.00/share. When will the talking heads call this a break-out?

Why is Dow down today? I think AAPL provides a hint. What changes today: that Covid-19 state unemployment supplement, up to $300/week in extra benefits, ends today

Later, 11:04 a.m. CT: whoo-hoo! AAPL just went up over a percent from last week's close. Now trading up $1.69/share up 1.13%. Whoo-hoo!

Original Post

The numbers:

  • DXY: 92.53 (up)
  • WTI: $68.34 (down)
  • TYT: 1.378% (up)
  • Dow: down 260 points (down 0.73%)
  • S&P 500: down 17 points
  • NASDAQ: down less than 1 points (flat)
  • Shares of interest (I do not invest in all of these; some I do; others are simply of interest and will probably never start a position, as they say)
    • AAPL: up $1.21/share; up 0.79%
    • NFLX: up $20/share; up 3.43%;
    • ENB: flat at $40.03
    • EPD: down half a percent
    • ARKK: down about a third of a percent; trading at $124.60
    • SRE: down 3/4th of a percent; trading at $132

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

From ARK's newsletter today:

The FAA is investigating Virgin Galactic after learning about a mishap during the flight that carried Richard Branson to space. While the flight looked picture-perfect, the spacecraft deviated from its planned trajectory, potentially putting its landing at risk. 
In a scathing report, The New Yorker highlighted Virgin Galactic’s lackadaisical processes and procedures, noting that it fired a flight-test director who raised concerns about the space program’s safety. 
The New Yorker also contrasted Virgin Galactic’s strategy and technology to those of its competitors, Blue Origin and SpaceX. 
At Virgin Galactic, humans control extraordinarily complex systems, while Blue Origin and SpaceX have automated them. 
ARK believes that automation adds to the safety and security of complex systems, not just rockets but all vehicles.

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