Notes From All Over, Let's Go, Brandon -- October 19, 2021

Netflix: apparently a great quarter; I came to the conversation on "Fast Money" late, but panelists are using some strong adjectives to describe NFLX

• the quarter's subscriber growth of 4.4 million was a solid beat over the expected 3.84 million
• beat on earnings
• came in line with revenue
• is trouncing competitors
• Netflix is beating Disney when it comes to younger demographics and gaming
• the meme is that Disney has the lock on this demographic and gaming; turns out to be not true
• and Netflix is growing that advantage
• this is so funny - it was a lark a decade ago (?) that my very first "the next big thing" was Netflix

Bitcoin: continues to surge.

• first ETF approved by SEC today;
• up another $2,765;
• now trading over $64,000;

Covid-19:

• pregnancy: folks may want to google news in past month; I'll get back to this later with links;
• CDC health advisory;
  
• Scientific American: 
• CNBC;
• ESPN Alliston Williams;
  
• vaccine rollout: have the numbers peaked? preliminary data suggests Biden's mandate is crumbling;
• Southwest airlines: blinks
• US Supreme Court: trifecta; three out of three; won't stop mandate; first-time state mandate challenged; anti-vaxxers fail; but court has not made "final" call

Apple:

• the reviews and stories are still coming in;
• one word: revolution
• will take awhile to get caught up

United Airlines

• shares popping after hours
  
• a loss for 3Q21 -- but less than expected
• won't know when the company will turn a profit
• loss, 3Q21: a loss of $1.02 vs a loss of 1.67 expected
• revenue: $7.76 billion vs  $7.64 billion expected
  
• fuel cost up 63% since last year -- let's go Brandon 
• can't pass full cost of fuel to consumer any more?
• perhaps some / most of the cost but not not all
• looks like fuel surcharge coming
  
• negative margins
• up 2.2% in after hours trading
• still with huge debt problem
  

Mexico:

• to energy companies in "USA SW": adios, hasta luego
• to energy companies in Texas: hola!
• link to Platts; maybe more later

Cramer: opening monologue -- telling folks not to freak out with regard to inflation; he thinks there are four sectors that are inflation winners:

• energy
• financial
• technology
• drug companies

energy:

• first four or five were his first four or five; "if there is a down day on the market and you don't buy three of these, you're an idiot (or something to that effect; I forget the exact word he used):
  
• Devon
• Pioneer
• Cheniere
• Tellurian
• EPD -- Cramer says he absolutely "hated" pipeline companies and said he would never invest in them again; now, he says one can't ignore the pipelines, giving special mention to two
  
• Williams
• Coterra
• Schlumberger: gold standard; after HAL's numbers today, expects good numbers from SLB later this week;
• Chevron
• Halliburton

financial (banks):

• BofA
• Morgan Stanley
• Wells Fargo: a wild card; turnaround play

tech (he had two groups):

• first group
  

• Adobe
• workday
• salesforce
• AWS
• Microsoft

• second group
  

• Nvidia
• AMD
• Lam Research
• Paloalto
• Applied Materials
• Snap,Inc
• Facebook
• Crowdstrike
• Cloudflare
• servicenow
• Snowflake

drug companies (those with new products):

• Lilly: new Alzheimer's drug
• JNJ

others:

• WMT
• Proctor and Gamble: ability to raise prices