Thursday, September 2, 2021

The Market -- Another Incredible Day Ahead Of Us -- September 2, 2021

Trolling:  

Letter from Harvard: natural immunity exponentially better than vaccine; puts "vaccine passports" in limbo. Link here. If this is from Harvard, it must be true.

Printer watch, local Target, total: twelve

  • Canon, high-end color: increased from six to nine
  • Epson, nice price point: down two, now none on shelf
  • HP, unchanged, at one. A low-end Envy model

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

US equity indices: all four in the green in pre-market trading

  • S&P 500, NASDAQ could hit new all-time records again
  • AAPL: up $1.43, up almost 1% in pre-market trading
  • AMZN: should change ticker symbol to CRZY 
  • Bitcoin: big sure overnight; flirting with 50,000 again
  • ARKK: holy mackerel, a $115 stock now trading at $125

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

SCOTUS: Texas fetal protection act -- 5-4 declined to issue emergency injunction; warning -- trolling follows --

  • would have been a lopsided 6 - 3 had the "conservative" chief justice joined the majority
  • I didn't understand my wife trying to explain the law (she gets her news from Rachel Maddow)
  • in fact, very, very clever law: individuals deputize to report violations; $10,000 bounty
  • historically, cattle-rustlers faced greater penalties than those performing third-trimester / post-delivery feticide
  • unless I'm missing something, this stops "all" abortions as of today in Texas; US Congress would have to pass a federal civil rights law to push back the most recent ruling
  • will lead to more calls to pack the court
  • to conserve odd-number of justices, Biden would have to appoint even number of new justices: two or four -- two more is hardly packing the court; four is a bridge too far?
  • a one-term president could pack the court following most successful evacuation in history
  • a reader pointed out: this is not a setback for women -- the SCOTUS ruling on abortion; it's now agreed that this is no longer a binary world, and, even more remarkable, XX individuals can not become pregnant

NYC transportation: apparently got hit worse than Louisiana. Wow.

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